Breaking News

U.K. Construction Purchasing Managers Index (PMI)

Latest Release

Feb 06, 2023

Actual

48.4

Forecast

49.6

48.8

The Chartered Institute of Purchasing and Supply (CIPS) Construction Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the construction industry. A reading above 50 indicates expansion in the construction industry; a reading below indicates contraction. It gives an indication about the health of the construction section in the UK. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

Importance:

Country:

Currency: GBP

Source: Markit/CIPS

Release Date	Time	Actual	Forecast	Previous
Feb 06, 2023 (Jan)	04:30	48.4	49.6	48.8
Jan 06, 2023 (Dec)	04:30	48.8	49.6	50.4
Dec 06, 2022 (Nov)	04:30	50.4	52.0	53.2
Nov 04, 2022 (Oct)	04:30	53.2	50.5	52.3
Oct 06, 2022 (Sep)	03:30	52.3	48.0	49.2
Sep 06, 2022 (Aug)	03:30	49.2	48.0	48.9

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