The Markit/CIPS Manufacturing PMI is a widely watched indicator of the United Kingdom's industrial health. It tracks key variables such as output, new orders, employment, and supplier delivery times within the manufacturing sector. A reading above 50 indicates expansion, which is generally seen as positive for the British Pound and the UK economy. It is considered one of the most timely and reliable indicators of industrial performance available to investors.
The index is compiled from monthly replies to questionnaires sent to purchasing executives in over 600 industrial companies. The headline figure is a diffusion index that is seasonally adjusted to provide a clearer view of underlying economic trends.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Mar 24, 2022 | 55.50 | 56.70 | -1.20 |
| Mar 1, 2022 | 58.00 | 57.30 | +0.70 |
| Feb 21, 2022 | 57.30 | 57.20 | +0.10 |
| Feb 1, 2022 | 57.30 | 56.90 | +0.40 |
| Jan 24, 2022 | 56.90 | 57.90 | -1.00 |
| Jan 4, 2022 | 57.90 | 57.60 | +0.30 |
| Dec 16, 2021 | 57.60 | 57.60 | 0.00 |
| Dec 1, 2021 | 58.10 | 58.20 | -0.10 |
| Nov 23, 2021 | 58.20 | 57.30 | +0.90 |
| Nov 1, 2021 | 57.80 | 57.70 | +0.10 |
| Oct 22, 2021 | 57.70 | 55.80 | +1.90 |
| Oct 1, 2021 | 57.10 | 56.30 | +0.80 |
| Sep 23, 2021 | 56.30 | 59.00 | -2.70 |