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U.K. Construction Purchasing Managers Index (PMI)

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U.K. Construction Purchasing Managers Index (PMI)

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Latest Release
Oct 02, 2018
Actual
52.1
Forecast
52.8
Previous
52.9
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.
Importance:
Country:
Currency: GBP
Source: CIPS
U.K. Construction Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Nov 02, 2018 (Oct) 05:30   52.5 52.1
Oct 02, 2018 (Sep) 04:30 52.1 52.8 52.9
Sep 04, 2018 (Aug) 04:30 52.9 54.9 55.8
Aug 02, 2018 (Jul) 04:30 55.8 52.8 53.1
Jul 03, 2018 (Jun) 04:30 53.1 52.5 52.5
Jun 04, 2018 (May) 04:30 52.5 52.0 52.5

News

UK Construction PMI Falls to 52.1 in September
UK Construction PMI Falls to 52.1 in September By Investing.com - Oct 02, 2018

Investing.com - Activity in the UK construction sector slowed to its weakest output in six months in September, according to a closely watched business survey released on Tuesday. Research firm...

UK Construction PMI Falls to 52.9 in August
UK Construction PMI Falls to 52.9 in August By Investing.com - Sep 04, 2018

Investing.com - Activity in the UK construction sector slowed down last month, according to a closely watched business survey released on Tuesday. Research firm IHS Markit said its construction...

Analysis

ORBEX
UK Activity In Q3 Points To A 0.4% GDP Growth Rate By ORBEX - Oct 10, 2018

The UK’s economy was seen to have managed to keep its steady but soft pace of growth in the third quarter. Data from the IHS Markit covering the manufacturing, services and construction sectors...

Kathy Lien
US Dollar: Time To Buy Or Sell?   By Kathy Lien - Oct 08, 2018 1

The first week of the third quarter was another good one for the US dollar. The greenback soared to multi-year highs versus the Australian and New Zealand dollars and extended its gains against most...

Construction PMI Discussion

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All Comments (22)
edsel hizole
edsel hizole Oct 02, 2018 2:47AM ET
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bullish
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Ali Asad
Ali Asad Oct 01, 2018 9:52PM ET
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GBP news at 1:30. Whats your thinking sir this will go up or down ?
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Ali Asad
Ali Asad Oct 01, 2018 9:49PM ET
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Today GBP news at 1:30. Whats your thinking sir this will go down or up ?
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Target Alpha
Target Alpha Aug 02, 2017 5:34AM ET
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well dont know why anyone would bid up sterling ahead of adp employment and a miss on the manufacturing PMI, ridiculous. Sterling sitting around its highs when it should be falling off ahead of US data this afternoon.
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hassan elahi
hassan elahi May 05, 2015 4:48AM ET
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going sell gbp/usd
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imrul naeem
imrul naeem Dec 02, 2014 4:20AM ET
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what about gbp/usd up or down?.
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Jia Liu
Jia Liu Oct 02, 2014 5:58AM ET
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Another housing bubble on the way, keep dancing
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kiran. sg
kiran. sg Oct 02, 2014 5:58AM ET
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gbpusd has formed falling wedge in H4 and its oversold. target 1.5200
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Angom Kumar
Angom Kumar Oct 02, 2014 4:52AM ET
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EUR/GBP is rallying.. planning to buy anyone?
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marcus hutchinson
marcus hutchinson Oct 02, 2014 4:28AM ET
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GBP PMI needs to be a bit up to shine some light on the FTSE
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David Brown
David Brown Oct 02, 2014 3:10AM ET
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Actual:64.6 GBP litl bit up then down
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javid husain
javid husain Oct 02, 2014 3:10AM ET
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how u guess sir?.
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David Brown
David Brown Oct 02, 2014 3:10AM ET
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Check now!
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