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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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Delivery Method

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Status

 
Latest Release
Oct 04, 2024
Actual
57.2
Forecast
53.1
Previous
53.6
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
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
May 07, 2024 (Apr) 09:30 53.0 50.4 50.2

News

FTSE 100 mixed; construction PMI data watched
FTSE 100 mixed; construction PMI data watched By Investing.com - Oct 04, 2024

Investing.com – U.K. equities started mixed on Friday. The top risers were Chemicals, Personal Goods and Household Goods sectors; while Electricity, Media and Tobacco were the top fallers. At...

FTSE 100 slightly up; shares mixed at market open
FTSE 100 slightly up; shares mixed at market open By Investing.com - Sep 05, 2024

Investing.com – U.K. equities started mixed on Thursday. The top 3 rising sectors were Automobiles & Parts, Household Goods and Software & Computer Services; while Food Producers,...

Analysis

Construction PMI Discussion

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All Comments (1)
John Benton
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.
Jon John
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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