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05.11.202509:30:00UTC+00UK Services PMI Increases to 52.3 in October, Signalling Expansion in the Sector

In October, the United Kingdom's service sector marked a positive upswing, with the S&P Global Services Purchasing Managers' Index (PMI) edging higher. The latest data, updated on November 5, 2025, reveals that the Services PMI has climbed to 52.3, up from the previous 50.8. This marks a significant turnaround, indicating expansion within the sector.

The increase in the Services PMI is a welcome development for the UK economy, reflecting growing activity in the sector after a period of stagnation. A PMI above 50 suggests growth, and this latest reading suggests that the UK service industry is experiencing renewed momentum.

Economists and market analysts interpret this rise as a sign of resilience in the face of broader economic challenges. The UK service sector, a crucial component of the national economy, is buoying confidence as it reflects stronger demand and operational growth. As the sector continues to expand, it will likely play a key role in supporting economic recovery efforts going forward.

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