U.K. Construction Purchasing Managers Index (PMI)

GBP
Actual
48.8
Forecast
47.2
Previous
46.8
Latest Release
Feb 06, 2024
Importance
Source
Markit/CIPS
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Feb 06, 2024 (Jan) 15:00 48.8 47.2
46.8
Jan 05, 2024 15:00 46.8 46.0
45.5
Dec 06, 2023 (Nov) 15:00 45.5 46.3
45.6
Nov 06, 2023 (Oct) 15:00 45.6 46.0
45.0
Oct 05, 2023 (Sep) 14:00 45.0 49.9
50.8
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