Royaume-Uni PMI Services

The S&P Global UK Services PMI eased to 50 in November 2024 from 52 in the month before, missing market expectations of 52, according to a flash estimate. The latest reading indicated unchanged levels of business activity in November, after two consecutive months of slowdown. Service providers primarily attributed challenges to weak business confidence and client caution following the Autumn Budget. Staffing numbers were reduced again. On the price front, inflationary pressures intensified, with input prices rising at the steepest pace due to strong salary demands, along with higher technology costs, food prices, and energy bills. In turn, selling price inflation slowed slightly since October. Lastly, business sentiment weakened due to anticipated increases in payroll costs, coupled with perceived barriers to expanding investments and hiring additional staff.