The United Kingdom’s S&P Global Composite PMI rose to 52.1 in July 2026, moving back into expansion territory after slipping below the 50-point threshold in the previous month. The index had stood at 49.3 in June 2026, indicating a mild contraction in private sector activity at that time.
The latest reading, updated on 24 July 2026, suggests an improvement in overall business conditions across both manufacturing and services. A Composite PMI above 50.0 typically signals growth in private sector output, while a reading below that level points to contraction.
The July rebound from 49.3 to 52.1 will likely be interpreted by market participants as a sign of stabilising momentum in the UK economy, following signs of softness in June. However, the underlying drivers of the improvement were not specified in the released data.
