FX.co ★ UK Manufacturing Momentum Cools as S&P Global PMI Eases to 52.5 in June

The United Kingdom’s manufacturing sector showed signs of slowing in June, as the S&P Global Manufacturing PMI edged down to 52.5 from a previous reading of 53.9. Both the earlier and the latest figures are for June 2026, with the updated data released on 1 July 2026.

Despite the decline, the index remains above the 50-point threshold that separates expansion from contraction, indicating that UK manufacturing continues to grow, albeit at a more moderate pace. The easing from 53.9 to 52.5 suggests that while demand and production are still advancing, the intensity of the sector’s post-weakness rebound may be losing some steam.

Market participants and policymakers are likely to watch forthcoming data closely to gauge whether this slowdown is temporary or the start of a more sustained moderation in manufacturing activity, with potential implications for broader UK economic growth in the second half of 2026.