S&P Global/CIPS Manufacturing PMI

The PMI manufacturing released by both the Chartered Institute of Purchasing & Supply and Markit Economics is an indicator of the economic situation in the UK manufacturing sector. It is worth noting that the UK service sector does not influence, either positively or negatively. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

Most recent - Friday 22 November 2024 09:30

Previous
49.9
Forecast
49.9
Actual
48.6

Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.

Next event - Monday 2 December 2024 09:30

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for S&P Global/CIPS Manufacturing PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for S&P Global/CIPS Manufacturing PMI was 48.6 against a forecast of 49.9.

Past events

Date
Forecast
Actual
Friday 22 November 2024 09:30
49.9
48.6
Friday 1 November 2024 09:30
50.3
49.9
Thursday 24 October 2024 08:30
51.4
50.3
Tuesday 1 October 2024 08:30
51.5
51.5
Monday 23 September 2024 08:30
52.3
51.5
Monday 2 September 2024 08:30
52.5
52.5
Thursday 22 August 2024 08:30
52.1
52.5
Thursday 1 August 2024 08:30
51.8
52.1
Wednesday 24 July 2024 08:30
51.1
51.8
Monday 1 July 2024 08:30
51.4
50.9
Friday 21 June 2024 08:30
51.3
51.4
Monday 3 June 2024 08:30
51.3
51.2
Thursday 23 May 2024 08:30
49.5
51.3
Wednesday 1 May 2024 08:30
48.7
49.1
Tuesday 23 April 2024 08:30
50.3
48.7
Tuesday 2 April 2024 08:30
49.9
50.3
Thursday 21 March 2024 09:30
47.8
49.9
Friday 1 March 2024 09:30
47.1
47.5
Thursday 22 February 2024 09:30
47.5
47.1
Thursday 1 February 2024 09:30
46.9
47
Wednesday 24 January 2024 09:30
46.7
47.3
Tuesday 2 January 2024 09:30
46.4
46.2
Friday 15 December 2023 09:30
47.5
46.4
Friday 1 December 2023 09:30
46.6
47.2
Thursday 23 November 2023 09:30
45
46.7
Wednesday 1 November 2023 09:30
45.2
44.8
Tuesday 24 October 2023 08:30
45
45.2
Monday 2 October 2023 08:30
44.2
44.3
Friday 22 September 2023 08:30
43
44.2
Friday 1 September 2023 08:30
42.5
43
Wednesday 23 August 2023 08:30
45
42.5
Tuesday 1 August 2023 08:30
45
45.3
Monday 24 July 2023 08:30
46.1
45
Monday 3 July 2023 08:30
46.2
46.5
Friday 23 June 2023 08:30
46.8
46.2
Thursday 1 June 2023 08:30
46.9
47.1
Tuesday 23 May 2023 08:30
48
46.9
Tuesday 2 May 2023 08:30
46.6
47.8
Friday 21 April 2023 08:30
48.5
46.6
Monday 3 April 2023 08:30
48
47.9
Friday 24 March 2023 09:30
49.8
48
Wednesday 1 March 2023 09:30
49.2
49.3
Tuesday 21 February 2023 09:30
46.8
49.2
Wednesday 1 February 2023 09:30
46.7
47
Tuesday 24 January 2023 09:30
45
46.7
Tuesday 3 January 2023 09:30
44.7
45.3
Friday 16 December 2022 09:30
46.3
44.7
Thursday 1 December 2022 09:30
46.2
46.5
Wednesday 23 November 2022 09:30
45.8
46.2
Tuesday 1 November 2022 09:30
45.8
46.2
Monday 24 October 2022 08:30
48
45.8
Monday 3 October 2022 08:30
48.5
48.4
Friday 23 September 2022 08:30
47.5
48.5
Thursday 1 September 2022 08:30
46
47.3
Tuesday 23 August 2022 08:30
51.1
46
Monday 1 August 2022 08:30
52.2
52.1
Friday 22 July 2022 08:30
52
52.2
Friday 1 July 2022 08:30
53.4
52.8
Thursday 23 June 2022 08:30
53.7
53.4
Wednesday 1 June 2022 08:30
54.6
54.6
Tuesday 24 May 2022 08:30
55.1
54.6
Tuesday 3 May 2022 08:30
55.3
55.8
Friday 22 April 2022 08:30
54
55.3
Friday 1 April 2022 08:30
55.5
55.2
Thursday 24 March 2022 09:30
56.7
55.5
Tuesday 1 March 2022 09:30
57.3
58
Monday 21 February 2022 09:30
57.2
57.3
Tuesday 1 February 2022 09:30
56.9
57.3
Monday 24 January 2022 09:30
57.9
56.9
Tuesday 4 January 2022 09:30
57.6
57.9
Thursday 16 December 2021 09:30
57.6
57.6
Wednesday 1 December 2021 09:30
58.2
58.1

Economic context

Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next S&P Global/CIPS Manufacturing PMI result:

PreviousLatest
S&P Global/CIPS Composite PMIBearish change51.849.9
S&P Global/CIPS Services PMIBearish change5250
Retail Sales (MoM)Bearish change0.1%-0.7%
Retail Sales (YoY)Bearish change3.2%2.4%
Retail Sales ex-Fuel (MoM)Bearish change0.1%-0.9%
Retail Sales ex-Fuel (YoY)Bearish change3.2%2%
GfK Consumer ConfidenceBullish change-21-18
Consumer Price Index (MoM)Bullish change0%0.6%
Consumer Price Index (YoY)Bullish change1.7%2.3%
Core Consumer Price Index (YoY)Bullish change3.2%3.3%
PPI Core Output (MoM) n.s.aBullish change0%0.3%
PPI Core Output (YoY) n.s.a Bullish change1.4%1.7%
Producer Price Index - Output (MoM) n.s.aBullish change-0.4%0%
Producer Price Index - Output (YoY) n.s.aBearish change-0.6%-0.8%
Retail Price Index (MoM)Bullish change-0.3%0.5%
Retail Price Index (YoY)Bullish change2.7%3.4%
Gross Domestic Product (MoM)Bearish change0.2%-0.1%
Gross Domestic Product (QoQ)Bearish change0.5%0.1%
Gross Domestic Product (YoY)Bullish change0.7%1%
Industrial Production (MoM)Bearish change0.5%-0.5%
Manufacturing Production (MoM)Bearish change1.3%-1%

About S&P Global/CIPS Manufacturing PMI

Country:United Kingdom
Currency:GBP
Source:IHS Markit
Category:Economic Activity
Frequency:Monthly

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