U.K. Construction Purchasing Managers Index (PMI)

GBP
Actual
49.2
Forecast
48.0
Previous
48.9
Latest Release
Sep 06, 2022
Importance
Source
Markit/CIPS
Overview
The Chartered Institute of Purchasing and Supply (CIPS) Construction Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the construction industry. A reading above 50 indicates expansion in the construction industry; a reading below indicates contraction. It gives an indication about the health of the construction section in the UK. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Oct 06, 2022 (Sep) 10:30 - 48.0
49.2
Sep 06, 2022 (Aug) 10:30 49.2 48.0
48.9
Aug 04, 2022 (Jul) 10:30 48.9 52.0
52.6
Jul 06, 2022 (Jun) 10:30 52.6 55.0
56.4
Jun 08, 2022 (May) 10:30 56.4 56.6
58.2
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