UK October Final Services PMI: A Bullish Signal for GBP

Markit released the final reading of the UK Services PMI for October on October 3, 2025. The reported figure was 50.8; no consensus forecast was provided, with the previous reading also at 50.8.Definition: The Services Purchasing Managers' Index (PMI) primarily reflects service sector managers’ assessments of current business conditions. A reading of 50 serves as the threshold; values below 50 indicate contraction in the services sector, while readings above 50 signal expansion. Market impact: A print above expectations is considered positive for the British pound.This indicator is rated as level 3 in importance. It is compiled through a survey of service sector managers and published monthly. The next release is scheduled for November 2025.

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