S&P Global/CIPS Composite PMI
Next event - Wednesday 4 December 2024 09:30
The typical/expected market impact of this event is low.
The consensus forecast for S&P Global/CIPS Composite PMI is 49.9. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Most recent - Friday 22 November 2024 09:30
Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
Trading range
Forecast history
The most recent announced value for S&P Global/CIPS Composite PMI was 49.9 against a forecast of 51.8.
Past events
Economic context
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next S&P Global/CIPS Composite PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BRC Like-For-Like Retail Sales (YoY) | Bearish change | 0.3% | -3.4% | ||
| S&P Global/CIPS Manufacturing PMI | Bearish change | 49.9 | 48.6 | ||
| S&P Global/CIPS Services PMI | Bearish change | 52 | 50 | ||
| Retail Sales (MoM) | Bearish change | 0.1% | -0.7% | ||
| Retail Sales (YoY) | Bearish change | 3.2% | 2.4% | ||
| Retail Sales ex-Fuel (MoM) | Bearish change | 0.1% | -0.9% | ||
| Retail Sales ex-Fuel (YoY) | Bearish change | 3.2% | 2% | ||
| GfK Consumer Confidence | Bullish change | -21 | -18 |
About S&P Global/CIPS Composite PMI
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |
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