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Composite PMI in the UK 2019-2022

Published by Statista Research Department, Jun 9, 2022
In May 2022, the Composite Purchasing Managers Index (PMI) was 53.1, compared with 58.2 in the previous month. In the wake of the Coronavirus outbreak, the United Kingdom's 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 May 2022

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Sources

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Release date

June 2022

Region

United Kingdom

Survey time period

July 2019 to May 2022

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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