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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.
across last 12 releases
Feb 2024
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| 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).
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | Balance of Trade | -9.658 | -5.339 | -3.4 | -6.53 | Low | |
| 06:00 | GDP Growth Rate QoQ | 0.6 | 0.2 | 0.6 | 0.60 | High | |
| 06:00 | Business Investment YoY | -1.8 | 1.8 | 2.8 | 0.50 | Low | |
| 06:00 | Gross Domestic Product YoY | 1.2 | 1 | 0.7 | 0.95 | Low | |
| 06:00 | GDP 3-Month Avg | 0.6 | 0.5 | 0.6 | 0.60 | Medium | |
| 06:00 | Manufacturing Production YoY | 1.2 | -0.8 | 0 | 0.60 | Low | |
| 06:00 | GDP Growth Rate YoY | 1.1 | 1 | 0.8 | 0.95 | High | |
| 06:00 | Business Investment QoQ | 0.7 | -2.9 | 1.1 | 0.90 | Medium | |
| 06:00 | Manufacturing Production MoM | 1.2 | -0.2 | -0.2 | 0.50 | Medium | |
| 06:00 | Goods Trade Balance | -27.22 | -22.8 | -20 | -23.61 | Medium | |
| 06:00 | Industrial Production MoM | -0.2 | 0.3 | -0.3 | -0.25 | Medium | |
| 06:00 | Construction Output YoY | -0.3 | -1.6 | -2.5 | -1.40 | Low | |
| 06:00 | Goods Trade Balance Non-EU | -15.195 | -10.944 | -9 | -12.10 | Medium | |
| 06:00 | Gross Domestic Product MoM | 0.3 | 0.4 | -0.2 | 0.05 | High | |
| 06:00 | Construction Orders YoY | -11.9 | 28.1 | 0.5 | -5.70 | Low | |
| 06:00 | Industrial Production YoY | 0 | -0.5 | 0.2 | 0.10 | Low | |
| 06:00 | Gross Domestic Product QoQ | 0.6 | 0.2 | 0.6 | 0.60 | High | |
| 06:00 | Construction Output MoM | 1.5 | 0.5 | -0.5 | 0.50 | Low | |
| 06:00 | NIESR Monthly GDP Tracker | 0.6 | 0.5 | 0.6 | 0.60 | Medium | |