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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
Jan 03, 2019
Actual
52.8
Forecast
52.9
Previous
53.4
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: CIPS
U.K. Construction Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Feb 04, 2019 (Jan) 09:30     52.8
Jan 03, 2019 (Dec) 09:30 52.8 52.9 53.4
Dec 04, 2018 (Nov) 09:30 53.4 52.5 53.2
Nov 02, 2018 (Oct) 09:30 53.2 52.0 52.1
Oct 02, 2018 (Sep) 08:30 52.1 52.8 52.9
Sep 04, 2018 (Aug) 08:30 52.9 54.9 55.8

News

UK Construction PMI Rises to 53.2 in October
UK Construction PMI Rises to 53.2 in October By Investing.com - Nov 02, 2018

Investing.com - Activity in the UK construction sector accellerated last month, according to a closely watched business survey released on Friday. Research firm Markit said its construction...

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.
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