FX.co ★ UK S&P Global Composite PMI Edges Down to 53.7 in February, Still Signalling Growth

The United Kingdom’s S&P Global Composite PMI slipped marginally in February, easing to 53.7 from a previous reading of 53.9. Despite the slight decline, the latest figure continues to indicate an expansion in overall private sector activity.

Both the prior and current readings are for February 2026, suggesting a minor softening in momentum rather than a shift in direction. With the index remaining comfortably above the 50.0 threshold that separates growth from contraction, the data points to ongoing resilience in the UK economy.

The figures were updated on 4 March 2026, confirming that UK business activity is still on an upward trajectory, albeit at a marginally slower pace than previously recorded.