The typical/expected market impact of this event is low.
The consensus forecast for S&P Global Construction PMI is 53.4. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for S&P Global Construction PMI was 53.3 against a forecast of 54.5.
Other recent announcements which may affect the market's interpretation of the next S&P Global Construction PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global/CIPS Composite PMI | Bullish change | 50.4 | 50.9 | ||
S&P Global/CIPS Manufacturing PMI | Bullish change | 47 | 48.2 | ||
S&P Global/CIPS Services PMI | Bullish change | 51.1 | 51.2 | ||
GfK Consumer Confidence | Bearish change | -17 | -22 |
Country: | United Kingdom |
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Currency: | GBP |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |