United Kingdom Services PMI  Forecast 2016-2020

Services PMI in the United Kingdom is expected to be 52.80 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services PMI in the United Kingdom to stand at 52.10 in 12 months time. In the long-term, the United Kingdom Services PMI is projected to trend around 54.10 Index Points in 2020, according to our econometric models.

United Kingdom Services PMI
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Services PMI 55 52.8 51.4 51.9 52.1 54.1 Index Points
United Kingdom Services PMI Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United Kingdom Services PMI using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United Kingdom Services PMI - was last predicted on Tuesday, April 25, 2017.
United Kingdom Business Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Business Confidence 1 10 6 4 7 2
Services PMI 55 52.8 51.4 51.9 52.1 54.1
Manufacturing PMI 54.2 53.8 51.1 51.5 52.2 53.1
Industrial Production 2.8 1.6 1.7 1.5 1.8 2.1
Industrial Production Mom -0.7 0.1 -0.1 0.4 0.3 0.3
Manufacturing Production 3.3 1.8 2 1.9 2.1 2.3
Capacity Utilization 81.7 81.9 82 82.1 82.2 81.7
New Orders 12704 14420 14650 14880 14970 15980
Factory Orders 4 5 2 -2 -4 -2
Changes in Inventories 12 261 593 218 299 222
Bankruptcies 5564 3620 3520 3400 3610 4000
Corporate Profits 105484 105000 106000 107000 108000 113000
Zew Economic Sentiment Index -40.8 -26 -18 -6 2 11.6
Car Production 153041 160000 161000 121000 161500 132000
Car Registrations 562337 259000 468000 187000 222948 196000
Small Business Sentiment 16 2 4 6 5 2
Steel Production 626 630 610 680 670 850
Mining Production -0.5 2.9 1.8 2.8 2.6 2
Corruption Index 81 82 82 82 83 85
Corruption Rank 10 9 9 9 8 6
Competitiveness Index 5.49 5.49 5.49 5.49 5.51 5.59
Competitiveness Rank 7 7 7 7 6 5
Composite Pmi 54.9 54.1 53.8 53.6 53.9 52.8
Ease of Doing Business 7 6 6 6 6 5
Electricity Production 31780 24700 25900 29900 26800 30200