U.K. Manufacturing Purchasing Managers Index (PMI)

Actual value:
55.1
Source: www.markiteconomics.com
Currency: Pound Sterling
Country: United Kingdom
Previous value: 54.9
Market reaction - market price changing right after the data has been published. Follow past market changes by choosing tiker and event date.
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The Manufacturing Purchasing Managers Index (PMI) is published by both the Chartered Institute of Purchasing & Supply and the Markit Economics. It demonstrates business conditions in the manufacturing sector. This sector accounts for the large part of total GDP, that's why this index is a major indicator of the overall state of the UK economy, including business conditions. If the index is above 50 points, it will have a positive effect on the GBP. While a result below 50 points is considered to be negative for the currency.
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