UK Services PMI5 Jun 2023 10:29
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"The S&P Global/CIPS UK Services PMI was revised slightly higher to 55.2 in May of 2023 from a preliminary of 55.1, holding close to April's 12-month peak of 55.9. It marks the 4th consecutive month of expansion in the country's services sector, amid robust rises in output and new orders attributed to resilient consumer demand. Higher levels of service sector output were often linked to rising spending on consumer services, especially tourism and leisure, as well as technology services. Export sales also increased significantly, attributed to increased international visitor numbers, alongside strengthening demand for business services among clients in the US and Europe."