AI Data Insight
The UK's latest Q2 2026 Services PMI rebounded to 52.7 from the previous Q1 2026 print of 50.5, outperforming the market's preliminary estimate of 52.0. Although global demand for technology services demonstrated resilience, Middle East geopolitical tensions along with surging fuel and wage costs continue to challenge businesses, pushing input cost inflation to a nearly three-and-a-half-year high.