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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United KingdomUnited Kingdom S&P Global/CIPS Construction PMI climbed to 48.8 in January 2024
FMPMonthlyReleased February 2024
United Kingdom S&P Global/CIPS Construction PMI climbed to 48.8 in January 2024, released February 2024, up 2 from December's 46.8 reading. The reading matched the 47.3 consensus.
Latest Release
48.800000
Actual
47.300000
Consensus
46.800000
Previous
Median Absolute Error
±1.34
across last 12 releases
Last Call
Feb 2024
Predicted: 47.3
Actual: 48.8
Error: -1.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| GBP/USD | ▲ Direct | +0.50 | FOREX | Bullish GBP | → View |
| EUR/GBP | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| GBP/JPY | ▲ Direct | +0.40 | FOREX | Bullish GBP | → View |
| FTSE 100 | ▲ Direct | +0.35 | INDEX | Bullish UK | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The February 2024 reading rose from the previous value of 46.8. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±1.34. Historically, this indicator is positively correlated with GBP/USD (Bullish GBP) and negatively correlated with EUR/GBP (Bearish EUR).
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S&P Global/CIPS Construction PMI - UK
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Economic Calendar - UK Events
| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | UK | Balance of Trade | -9.658 | -5.339 | -3.4 | -6.53 | Low |
| 06:00 | UK | GDP Growth Rate QoQ | 0.6 | 0.2 | 0.6 | 0.60 | High |
| 06:00 | UK | Business Investment YoY | -1.8 | 1.8 | 2.8 | 0.50 | Low |
| 06:00 | UK | Gross Domestic Product YoY | 1.2 | 1 | 0.7 | 0.95 | Low |
| 06:00 | UK | GDP 3-Month Avg | 0.6 | 0.5 | 0.6 | 0.60 | Medium |
| 06:00 | UK | Manufacturing Production YoY | 1.2 | -0.8 | 0 | 0.60 | Low |
| 06:00 | UK | GDP Growth Rate YoY | 1.1 | 1 | 0.8 | 0.95 | High |
| 06:00 | UK | Business Investment QoQ | 0.7 | -2.9 | 1.1 | 0.90 | Medium |
| 06:00 | UK | Manufacturing Production MoM | 1.2 | -0.2 | -0.2 | 0.50 | Medium |
| 06:00 | UK | Goods Trade Balance | -27.22 | -22.8 | -20 | -23.61 | Medium |
| 06:00 | UK | Industrial Production MoM | -0.2 | 0.3 | -0.3 | -0.25 | Medium |
| 06:00 | UK | Construction Output YoY | -0.3 | -1.6 | -2.5 | -1.40 | Low |
| 06:00 | UK | Goods Trade Balance Non-EU | -15.195 | -10.944 | -9 | -12.10 | Medium |
| 06:00 | UK | Gross Domestic Product MoM | 0.3 | 0.4 | -0.2 | 0.05 | High |
| 06:00 | UK | Construction Orders YoY | -11.9 | 28.1 | 0.5 | -5.70 | Low |
| 06:00 | UK | Industrial Production YoY | 0 | -0.5 | 0.2 | 0.10 | Low |
| 06:00 | UK | Gross Domestic Product QoQ | 0.6 | 0.2 | 0.6 | 0.60 | High |
| 06:00 | UK | Construction Output MoM | 1.5 | 0.5 | -0.5 | 0.50 | Low |
| 06:00 | UK | NIESR Monthly GDP Tracker | 0.6 | 0.5 | 0.6 | 0.60 | Medium |