Breaking News

U.K. Construction Purchasing Managers Index (PMI)

Latest Release

Oct 06, 2022

Actual

52.3

Forecast

48.0

49.2

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

Release Date	Time	Actual	Forecast	Previous
Oct 06, 2022 (Sep)	09:30	52.3	48.0	49.2
Sep 06, 2022 (Aug)	09:30	49.2	48.0	48.9
Aug 04, 2022 (Jul)	09:30	48.9	52.0	52.6
Jul 06, 2022 (Jun)	09:30	52.6	55.0	56.4
Jun 08, 2022 (May)	09:30	56.4	56.6	58.2
May 06, 2022 (Apr)	09:30	58.2	58.0	59.1

News

FTSE 100 in the red, while Bank says pension funds need to learn lessons from bond turmoil By Proactive Investors - Oct 06, 2022

FTSE 100 down 54 points Shell (LON:RDSa) drops after warning Imperial Brands lifted by buyback plans 12.50pm: Footsie at its day's low Leading shares continue to decline, with the blue chip index...

FTSE 100 in the red but building sector improves, while Bank says pension funds need to learn lessons from bond turmoil By Proactive Investors - Oct 06, 2022

FTSE 100 down 11 points Shell (LON:RDSa) drops after warning Imperial Brands lifted by buyback plans 11.27am: Bank's Cunliffe spells out why it had to intervene in gilt markets The Bank of England...

FTSE 100 dips into the red and bond yields edge up as Fitch cuts UK rating outlook, but building sector improves By Proactive Investors - Oct 06, 2022

FTSE 100 down 11 points Shell (LON:RDSa) drops after warning Imperial Brands lifted by buyback plans 10.12am: Footsie goes into reverse Leading shares have dipped into the red as the early...

Analysis

Week Ahead Preview: Highlights Include ECB, BoC, RBA; OPEC, EU Energy Meeting By Ryan Anderson - Sep 04, 2022

MON: OPEC+, US/Canadian Labour Day, UK PM/Conservative Leader Announcement; Australian, Japanese, EZ, UK Final Composite/Services PMIs (Aug), Chinese Caixin Services PMI (Aug), Turkish CPI (Aug), EZ...

U.S. Opening Bell: Recession Worries Overshadow U.S. Futures; Bitcoin Slides By Pinchas Cohen/Investing.com - Jul 05, 2022

Euro slumps to the lowest since 2002 US dollar rallies Oil steady Key EventsAfter the July 4 holiday, US futures on the Dow, S&P, NASDAQ, and Russell 2000 as well as European stocks retreated....

U.S. Market Rebound Set To See Europe Open Higher By Michael Hewson - Jun 08, 2022

Having got the week off to a positive start on Monday, European stocks gave up some of their gains in what was a negative session across the board yesterday. Sentiment continues to remain extremely...

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All Comments (1)

John Benton Mar 02, 2018 11:40

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This site has become relentlessly negative in all the articles written about UK news. In contrast virtually no articles appear about the positive statistics which appear. I realise this site may be rabidly pro EU but lets have some integrity and balance, because even if the German economy fell off a cliff the article here would claim it was only a very temporary blip.

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Jon John Mar 02, 2018 11:40

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Dont rely on any articles but rely on data fact , in terms progress UK is stronger than Europe by all means as per data .

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