S&P Global/CIPS Composite PMI
Next event - Thursday 22 May 2025 08:30
The typical/expected impact on GBP pairs is high.
The consensus forecast for S&P Global/CIPS Composite PMI is 49.3. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Most recent - Tuesday 6 May 2025 08:30
Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Trading range
Forecast history
The most recent announced value for S&P Global/CIPS Composite PMI was 48.5 against a forecast of 48.2.
Past events
Economic context
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next S&P Global/CIPS Composite PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Price Index (MoM) | Bullish change | 0.3% | 1.2% | ||
| Consumer Price Index (YoY) | Bullish change | 2.6% | 3.5% | ||
| Core Consumer Price Index (YoY) | Bullish change | 3.4% | 3.8% | ||
| Retail Price Index (MoM) | Bullish change | 0.3% | 1.7% | ||
| Retail Price Index (YoY) | Bullish change | 3.2% | 4.5% | ||
| Gross Domestic Product (MoM) | Bearish change | 0.5% | 0.2% | ||
| Gross Domestic Product (QoQ) | Bullish change | 0.1% | 0.7% | ||
| Gross Domestic Product (YoY) | Bearish change | 1.5% | 1.3% | ||
| Industrial Production (MoM) | Bearish change | 1.7% | -0.7% | ||
| Manufacturing Production (MoM) | Bearish change | 2.4% | -0.8% | ||
| Average Earnings Excluding Bonus (3Mo/Yr) | Bearish change | 5.9% | 5.6% | ||
| Average Earnings Including Bonus (3Mo/Yr) | Bearish change | 5.7% | 5.5% | ||
| Claimant Count Change | Bearish change | -16.9K | 5.2K | ||
| Claimant Count Rate | (no change) | 4.5% | 4.5% | ||
| Employment Change (3M) | Bearish change | 206K | 112K | ||
| ILO Unemployment Rate (3M) | Bearish change | 4.4% | 4.5% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bullish change | 0.9% | 6.8% | ||
| BoE MPC Vote Rate Cut | Bearish change | 1 | 7 | ||
| BoE MPC Vote Rate Hike | (no change) | 0 | 0 |
About S&P Global/CIPS Composite PMI
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |
Related events
