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Composite PMI in the UK 2019-2021

Published by Statista Research Department, Mar 18, 2021
In the wake of the Coronavirus outbreak, the United Kingdom's composite Purchasing Managers Index (PMI) fell to 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 February 2021

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Sources

Release date

March 2021

Region

United Kingdom

Survey time period

July 2019 to February 2021

Supplementary notes

* Provisional data.

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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