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New data S&P Global Services PMI (Jan)

2/5/2025

actual 50.8, previous 51.1

The event is the S&P Global Services PMI (Purchasing Managers' Index) for the UK in January 2025. The actual PMI value reported is 50.8, which is a decrease of 0.3 compared to the previous value. This event is considered to have a high impact on the market. The market was expecting a PMI value of 51.2, but the actual value came in lower at 50.8. This indicates a slight contraction in the services sector compared to the previous month.

This is not investment advice. Remember to verify the information provided here.

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