S&P Global/CIPS United Kingdom Composite Purchasing Managers Index (PMI)

Country: United Kingdom, GBP
Importance:
Medium
Sector: Business
Last release
Actual
49.7
Forecast
Previous
48.5
Next release
Actual
Coming in 5 days
Forecast
Previous
49.7
Date (GMT)
Reference
Actual
Forecast
Aug 2024
53.8
Aug 2024 prelim.
53.4
Jul 2024
52.8
Jul 2024 prelim.
52.7
Jun 2024
52.3
Jun 2024 prelim.
51.7
May 2024
53.0
May 2024 prelim.
52.8
Apr 2024
54.1
Apr 2024 prelim.
54.0
Mar 2024
52.8
Mar 2024 prelim.
52.9
Feb 2024
53.0
Feb 2024 prelim.
53.3
Jan 2024
52.9
Jan 2024 prelim.
52.5
Dec 2023
52.1
Dec 2023 prelim.
51.7
Nov 2023
50.7
Nov 2023 prelim.
50.1

Markit Composite PMI is a monthly summary report concerning the changes in the working conditions of private companies in the manufacturing and service sectors. The indicator calculation is based on the surveys of representatives of a number of companies. Each response is weighted according to the size of a company and its contribution to the total production or services of the subsector it belongs to. Thus, the largest companies make a greater contribution to the indicator calculation. The index reflects the conditions of doing business in the country. Readings above 50 can have a positive effect on pound quotes.

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