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U.K. Manufacturing Purchasing Managers Index (PMI)

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U.K. Manufacturing Purchasing Managers Index (PMI)

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Latest Release
Jan 02, 2025
Actual
47.0
Forecast
47.3
Previous
48.0
The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. 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.
Importance:
Country:
Currency: GBP
Source: S&P Global
U.K. Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Jan 02, 2025 (Dec) 20:30 47.0 47.3 48.0
Dec 16, 2024 (Dec) 20:30   47.3 48.4 48.0
Dec 02, 2024 (Nov) 20:30 48.0 48.6 49.9
Nov 22, 2024 (Nov) 20:30   48.6 50.1 49.9
Nov 01, 2024 (Oct) 20:30 49.9 50.3 51.5
Oct 24, 2024 (Oct) 19:30   50.3 51.5 51.5

News

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Analysis

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DXY eased overnight:   AUD has a very bearish chart sitting right on key support:Oil cracked:Metals are flaming, free-falling recession comets:Miners (LON:GLEN) too:EM stocks (NYSE:EEM) are...

David Llewellyn-Smith
Australian dollar shoved to PMI cliff By David Llewellyn-Smith - Jun 24, 2022 1

DXY was firm overnight:   AUD is right at the edge of a cliff:Oil fell again:As metals puked: Miners (LON:GLEN) followed:EM stocks (NYSE:EEM) held on:But junk (NYSE:HYG) is pointing it all...

S&P Global Manufacturing PMI Discussion

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