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U.K. Composite Purchasing Managers' Index (PMI)

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U.K. Composite Purchasing Managers' Index (PMI)

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Status

 
Latest Release
Oct 24, 2024
Actual
51.7
Forecast
52.6
Previous
52.6
The Composite PMI Index measures the activity level of purchasing managers in the both sectors. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. 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 Economics
U.K. Composite Purchasing Managers' Index (PMI)
 
Release Date Time Actual Forecast Previous
Nov 05, 2024 (Oct) 05:30   51.7 52.6
Oct 24, 2024 (Oct) 04:30   51.7 52.6 52.6
Oct 03, 2024 (Sep) 04:30 52.6 52.9 53.8
Sep 23, 2024 (Sep) 04:30   52.9   53.8
Sep 04, 2024 (Aug) 04:30 53.8 53.4 52.8
Aug 22, 2024 (Aug) 04:30   53.4 52.9 52.8

News

Dollar edges higher, euro slips after weak PMI data
Dollar edges higher, euro slips after weak PMI data By Investing.com - Jul 24, 2024

Investing.com - The U.S. dollar edged higher Wednesday, while the euro fell after the release of disappointing eurozone activity data pointed to further ECB rate cuts ahead.   At 05:25 ET (09:25 GMT),...

Analysis

Chris Turner
FX Daily: A Glimpse of Future Easing By Chris Turner - Apr 20, 2023

The Hungarian forint sold off 2% yesterday after a local central banker surprised markets by suggesting Hungary could make preparations to start easing interest rates. Central banks in Eastern Europe...

S&P Global/CIPS UK Composite PMI Discussion

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All Comments (4)
Shady Jojo
Shady Jojo Nov 23, 2023 7:24AM ET
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23/11/2023 GBPUSD Went up
Shady Jojo
Shady Jojo Oct 21, 2023 1:38PM ET
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GBP WENT DOWN ON 22SEP 2023
Shady Jojo
Shady Jojo Oct 21, 2023 1:38PM ET
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GBPUSD WENT UP 24/10/2023
Sidath Malinda
Sidath Malinda Jun 04, 2023 10:59PM ET
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GBP DROP POSSIBLE
Simphiwe Ndlela
Simphiwe Ndlela Jan 06, 2020 4:42AM ET
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PMI better than previous the market responded positive towards it.
 
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