GBP PMI Manufacturing

Actual
48.3
Previous
47.4
Forecast
47

The Manufacturing Purchasing Managers Index, released by both the Markit Economics and the Chartered Institute of Purchasing & Supply, measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector and below 50 indicates contraction.The Manufacturing PMI is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their views on a wide range of business conditions, including employment, new orders, prices and inventories.

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