S&P Global/CIPS Composite PMI

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).

Most recent - Thursday 4 April 2024 08:30

Previous
52.9
Forecast
52.9
Actual
52.8

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

Next event - Tuesday 23 April 2024 08:30

Previous
52.8
Forecast
-
Actual
-

The typical/expected impact on GBP pairs is high.

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

Trading range

Forecast history

The most recent announced value for S&P Global/CIPS Composite PMI was 52.8 against a forecast of 52.9.

Past events

Date
Forecast
Actual
Thursday 4 April 2024 08:30
52.9
52.8
Thursday 21 March 2024 09:30
53.1
52.9
Tuesday 5 March 2024 09:30
-
53
Thursday 22 February 2024 09:30
52.9
53.3
Monday 5 February 2024 09:30
52.5
52.9
Wednesday 24 January 2024 09:30
52.2
52.5
Thursday 4 January 2024 09:30
51.7
52.1
Friday 15 December 2023 09:30
50.9
51.7
Tuesday 5 December 2023 09:30
50.1
50.7
Thursday 23 November 2023 09:30
48.7
50.1
Friday 3 November 2023 09:30
48.6
48.7
Tuesday 24 October 2023 08:30
48.8
48.6
Wednesday 4 October 2023 08:30
46.8
48.5
Friday 22 September 2023 08:30
48.7
46.8
Tuesday 5 September 2023 08:30
47.9
48.6
Wednesday 23 August 2023 08:30
50.3
47.9
Thursday 3 August 2023 08:30
50.7
50.8
Monday 24 July 2023 08:30
52.4
50.7
Wednesday 5 July 2023 08:30
52.8
52.8
Friday 23 June 2023 08:30
53.6
52.8
Monday 5 June 2023 08:30
53.9
54
Tuesday 23 May 2023 08:30
54.6
53.9
Thursday 4 May 2023 08:30
53.9
54.9
Friday 21 April 2023 08:30
52.5
53.9
Wednesday 5 April 2023 08:30
52.2
52.2
Friday 24 March 2023 09:30
52.8
52.2
Friday 3 March 2023 09:30
53
53.1
Tuesday 21 February 2023 09:30
48.7
53
Friday 3 February 2023 09:30
47.8
48.5
Tuesday 24 January 2023 09:30
-
47.8
Thursday 5 January 2023 09:30
49
49
Friday 16 December 2022 09:30
48
49
Monday 5 December 2022 09:30
48.3
48.2
Wednesday 23 November 2022 09:30
47.5
48.3
Thursday 3 November 2022 09:30
47.2
48.2
Monday 24 October 2022 08:30
48.1
47.2
Wednesday 5 October 2022 08:30
48.4
49.1
Friday 23 September 2022 08:30
49
48.4
Monday 5 September 2022 08:30
50.9
49.6
Tuesday 23 August 2022 08:30
51.1
50.9
Wednesday 3 August 2022 08:30
52.8
52.1
Friday 22 July 2022 08:30
52.5
52.8
Tuesday 5 July 2022 08:30
53.1
53.7
Thursday 23 June 2022 08:30
-
53.1
Tuesday 7 June 2022 08:30
-
53.1
Tuesday 24 May 2022 08:30
-
51.8
Thursday 5 May 2022 08:30
-
58.2
Friday 22 April 2022 08:30
-
57.6
Tuesday 5 April 2022 08:30
-
60.9
Thursday 24 March 2022 09:30
-
59.7
Thursday 3 March 2022 09:30
-
59.9
Monday 21 February 2022 09:30
-
60.2
Thursday 3 February 2022 09:30
-
54.2
Monday 24 January 2022 09:30
-
53.4
Thursday 6 January 2022 09:30
-
53.6
Thursday 16 December 2021 09:30
-
53.2
Friday 3 December 2021 09:30
-
57.6
Tuesday 23 November 2021 09:30
-
57.7
Wednesday 3 November 2021 09:30
-
57.8
Friday 22 October 2021 08:30
-
56.8
Tuesday 5 October 2021 08:30
-
54.9
Thursday 23 September 2021 08:30
-
54.1
Friday 3 September 2021 08:30
-
54.8
Monday 23 August 2021 08:30
-
55.3
Wednesday 4 August 2021 08:30
-
59.2
Friday 23 July 2021 08:30
-
57.7
Monday 5 July 2021 08:30
-
62.2
Wednesday 23 June 2021 08:30
-
61.7
Thursday 3 June 2021 08:30
-
62.9
Friday 21 May 2021 08:30
-
62
Thursday 6 May 2021 08:30
-
60.7
Friday 23 April 2021 08:30
-
60

Economic context

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

PreviousLatest
Average Earnings Excluding Bonus (3Mo/Yr)Bearish change6.1%6%
Average Earnings Including Bonus (3Mo/Yr)(no change)5.6%5.6%
Claimant Count ChangeBearish change4.1K10.9K
Claimant Count Rate(no change)4%4%
Employment ChangeBearish change-89K-156K
ILO Unemployment Rate (3M)Bearish change4%4.2%
Gross Domestic Product (MoM)Bearish change0.3%0.1%
Industrial Production (MoM)Bullish change-0.3%1.1%
Manufacturing Production (MoM)Bullish change-0.2%1.2%
Manufacturing Production (YoY)Bullish change1.5%2.7%
BRC Like-For-Like Retail Sales (YoY)Bullish change1%3.2%

About S&P Global/CIPS Composite PMI

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

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