In March 2024, the Composite Purchasing Managers Index (PMI) in the United Kingdom was 52.8, compared with 53 in the previous month. Following the COVID-19 outbreak, the composite PMI fell from 53 in February 2020, to 13.8 by April, highlighting the dire economic situation brought on by the pandemic. The composite PMI recovered from July onwards, but fell to 49 in November 2020, with a slight recovery in December preceding an even further drop to 41.2 in January 2021.
Composite Purchasing Managers Index (PMI) in the United Kingdom from July 2019 to March 2024
According to the source: "The Composite PMI Index measures the activity level of purchasing managers in the both sectors. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.h."
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Investing.com. (April 4, 2024). Composite Purchasing Managers Index (PMI) in the United Kingdom from July 2019 to March 2024 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1106684/uk-composite-pmi/
Investing.com. "Composite Purchasing Managers Index (PMI) in the United Kingdom from July 2019 to March 2024." Chart. April 4, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1106684/uk-composite-pmi/
Investing.com. (2024). Composite Purchasing Managers Index (PMI) in the United Kingdom from July 2019 to March 2024. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1106684/uk-composite-pmi/
Investing.com. "Composite Purchasing Managers Index (Pmi) in The United Kingdom from July 2019 to March 2024." Statista, Statista Inc., 4 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1106684/uk-composite-pmi/
Investing.com, Composite Purchasing Managers Index (PMI) in the United Kingdom from July 2019 to March 2024 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1106684/uk-composite-pmi/ (last visited September 20, 2024)
Composite Purchasing Managers Index (PMI) in the United Kingdom from July 2019 to March 2024 [Graph], Investing.com, April 4, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1106684/uk-composite-pmi/