Preliminary Index Indicating Economic Activity in the UK's Manufacturing Sector
United Kingdom| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Flash Manufacturing Purchasing Managers' Index (PMI) is a preliminary indicator used to assess the economic activity of the manufacturing sector in the UK. This index is provided by IHS Markit and is based on a survey of purchasing managers in the manufacturing industry. The survey covers new orders, inventory levels, employment conditions, delivery times, and price trends, with results published at the end of each month.
The PMI uses 50 as a baseline value; readings above 50 indicate expansion in the manufacturing sector, while readings below 50 suggest contraction. The flash PMI is released during the last week of the month, providing an early assessment of manufacturing activity. This early feedback is crucial for investors and policymakers, offering timely insights into the economic outlook.
The Flash Manufacturing PMI is a vital indicator for evaluating the health of the economy, and unexpected results can trigger market volatility. Therefore, the flash PMI serves as an essential information source for companies and investors, guiding their decisions and strategies based on the initial economic assessment.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
