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U.K. Construction Purchasing Managers Index (PMI)

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U.K. Construction Purchasing Managers Index (PMI)

Frequency

Delivery Method

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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) is a diffusion index incorporating survey results provided by construction firms throughout the country. A reading above fifty suggests the construction sector is expanding, while a reading below fifty suggests the construction sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge.

A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally 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
Nov 06, 2024 (Oct) 10:30 54.3 55.3 57.2
Oct 04, 2024 (Sep) 09:30 57.2 53.1 53.6
Sep 05, 2024 (Aug) 09:30 53.6 54.6 55.3
Aug 06, 2024 (Jul) 09:30 55.3 52.5 52.2
Jul 04, 2024 (Jun) 09:30 52.2 54.0 54.7
Jun 06, 2024 (May) 09:30 54.7 52.5 53.0

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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