FX.co ★ UK Services Sector Gains Momentum as PMI Climbs to 52.8 in June

The UK services sector has shown renewed vitality as the S&P Global Services PMI reached a promising 52.8 in June 2025, rising from 51.3 in the previous month. This upward trajectory indicates expanding economic activity in the sector, suggesting a gradual recovery amid prevailing economic challenges.

The latest data, updated on 3 July 2025, highlights notable growth as businesses continue to navigate the complex post-pandemic economic landscape. The rise in PMI not only reflects increased business activity but also signals a boost in confidence among service providers across the UK.

Economists and market analysts are optimistic about the sector's recovery, attributing the growth to government efforts to support the economy and improved consumer confidence. As the services sector is an essential component of the UK economy, the positive PMI figures are a hopeful sign for sustained growth in the coming months.