Challenges
S&P Global/CIPS Manufacturing PMI
Most recent - Thursday 1 June 2023 08:30
Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Next event - Friday 23 June 2023 08:30
The typical/expected impact on GBP pairs is medium.
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 47.1 against a forecast of 46.9.
Past events
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:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Retail Sales (MoM) | Bullish change | -1.2% | 0.5% | ||
| Retail Sales (YoY) | Bullish change | -3.9% | -3% | ||
| Retail Sales ex-Fuel (MoM) | Bullish change | -1.4% | 0.8% | ||
| Retail Sales ex-Fuel (YoY) | Bullish change | -4% | -2.6% | ||
| Consumer Price Index (MoM) | Bullish change | 0.8% | 1.2% | ||
| Consumer Price Index (YoY) | Bearish change | 10.1% | 8.7% | ||
| Core Consumer Price Index (YoY) | Bullish change | 6.2% | 6.8% | ||
| PPI Core Output (MoM) n.s.a | Bearish change | 0.3% | 0% | ||
| PPI Core Output (YoY) n.s.a | Bearish change | 8.3% | 6% | ||
| Retail Price Index (MoM) | Bullish change | 0.7% | 1.5% | ||
| Retail Price Index (YoY) | Bearish change | 13.5% | 11.4% | ||
| S&P Global/CIPS Composite PMI | Bearish change | 54.9 | 53.9 | ||
| S&P Global/CIPS Services PMI | Bearish change | 55.9 | 55.1 |
About S&P Global/CIPS Manufacturing PMI
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |