Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United KingdomUnited Kingdom S&P Global Construction PMI climbed to 46.1 in September 2026
FMPMonthlyReleased October 2026
United Kingdom S&P Global Construction PMI climbed to 46.1 in September 2026, released October 2026, up 1.8 from August's 44.3 reading. The reading matched the 45.2 consensus.
Latest Release
46.100000
Actual
45.200000
Consensus
44.300000
Previous
Median Absolute Error
±2.77
across last 12 releases
Last Call
Oct 2026
Predicted: 46.08
Actual: 46.1
Error: -0.02
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.47 | COMMODITIES | Moves against | → View |
| DAX | ▲ Direct | +0.34 | INDEX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.33 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Construction PMI (United Kingdom) was reported at 46.10 in September 2026. This beat the market consensus of 45.20 by 0.90. The reading rose from the previous value of 44.30. Over the past 12 months, the indicator has averaged 42.62, ranging from 38.20 to 46.40 across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 45.03, up from the prior three at 40.37. Volatility over the past year (σ 3.06) is higher than the prior year (σ 1.29). In October readings over the past 3 years, S&P Global Construction PMI has averaged 49.83.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with DAX, positively correlated (Bullish DAX). Over the last 12 releases, the Sigmacast model's median absolute error is 2.78.
WHAT TO WATCH NEXT
The next release is scheduled for November 5, 2026. Same-country events in the next 14 days include CFTC GBP speculative net positions (Oct 30) and BoE MPC Vote Cut (Nov 5).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
SHARE
S&P Global Construction PMI - UK
Loading chart data...
About S&P Global Construction PMI — United Kingdom
DEFINITION
The S&P Global Construction PMI is a widely recognized financial indicator that measures the performance of the global construction industry. It provides valuable insights into the current and future trends of the sector, including changes in output, new orders, employment, and business confidence. This indicator is used by investors, analysts, and policymakers to assess the health of the construction industry and make informed decisions. With its comprehensive coverage and timely updates, the S&P Global Construction PMI is an essential tool for understanding the state of the global economy.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 46.1, consensus 45.2. Prior reading (Aug 2026): 44.3. Before that (Jul 2026): 44.7.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.47) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - UK Events
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:01 | UK | Auto Production YoY | 38.6 | 6.1 | 5 | 21.80 | Low |
| 09:30 | UK | BoE Consumer Credit | 1.914 | 2.683 | 2.2 | 2.06 | Medium |
| 09:30 | UK | M4 Money Supply MoM | 0.1 | 0.4 | 0.3 | 0.20 | Low |
| 09:30 | UK | Mortgage Approvals | 53.44 | 54.81 | 54 | 53.72 | Medium |
| 09:30 | UK | Mortgage Lending | 3.87 | 4.17 | 4.2 | 4.04 | Medium |
| 09:30 | UK | Net Lending to Individuals | 5.8 | 6.9 | 6.2 | 6.00 | Low |
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 07:00 | UK | Nationwide Housing Prices YoY | 0.5 | 0.8 | 0.6 | 0.55 | Medium |
| 07:00 | UK | Nationwide Housing Prices MoM | 0 | -0.3 | -0.1 | -0.08 | Medium |