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U.K. Construction Purchasing Managers Index (PMI)

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U.K. Construction Purchasing Managers Index (PMI)

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Status

 
Latest Release
Nov 06, 2024
Actual
54.3
Forecast
55.3
Previous
57.2
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
U.K. Construction Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 05, 2024 (Nov) 04:30     54.3
Nov 06, 2024 (Oct) 04:30 54.3 55.3 57.2
Oct 04, 2024 (Sep) 03:30 57.2 53.1 53.6
Sep 05, 2024 (Aug) 03:30 53.6 54.6 55.3
Aug 06, 2024 (Jul) 03:30 55.3 52.5 52.2
Jul 04, 2024 (Jun) 03:30 52.2 54.0 54.7

News

European stock futures lower; hawkish Fed minutes weigh
European stock futures lower; hawkish Fed minutes weigh By Investing.com - Jul 06, 2023

Investing.com - European stock markets are expected to open lower Thursday, with risk sentiment hit by the release of hawkish minutes of the Federal Reserve’s June meeting as well as weak economic...

Analysis

Construction PMI Discussion

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