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United Kingdom S&P Global Manufacturing PMI Flash climbed to 52 in January 2026, released February 2026, up 0.2 from December's 51.8 reading. The reading matched the 51.9 consensus.
across last 5 releases
Feb 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| GBP/USD | ▲ Direct | +0.50 | FOREX | Moves with | → View |
| EUR/GBP | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
| GBP/JPY | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| FTSE 100 | ▲ Direct | +0.35 | INDEX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
S&P Global Manufacturing PMI Flash (United Kingdom) was reported at 52.00 in January 2026. This beat the market consensus of 51.90 by 0.10. The reading rose from the previous value of 51.80. This is classified as a high-impact indicator released on a monthly basis.
The indicator has been trending upward over the last three releases.
Historically, this indicator is positively correlated with GBP/USD (Bullish GBP). A secondary relationship exists with EUR/GBP, negatively correlated (Bearish EUR).
Same-country events in the next 14 days include Employment Change (Sep 15) and Average Earnings incl. Bonus (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update February 2026.
The UK S&P Global Manufacturing PMI Flash for November 2025 matched expectations at 51.2, rising from October’s 50.2 and signaling a return to expansion after months of contraction. This 1.0-point increase reflects stabilizing manufacturing activity amid ongoing macroeconomic headwinds, with growth remaining modest but positive. Looking ahead, the Bank of England’s cautious monetary policy stance and geopolitical uncertainties suggest the sector’s recovery will be gradual and closely monitored. Updated 12/16/25
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 typically move rates and currencies on release. Released monthly.
Latest reading (Feb 2026): actual 52, consensus 51.9. Prior reading (Dec 2025): 51.2. Before that (Nov 2025): 50.2.
Sigmacast's 1-month forecast points to a similar 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 GBP/USD (Bullish GBP, r=0.50) — a useful reference for forex-focused traders.
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| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | HMRC Payrolls Change | -13 | -4 | -4.00 | Low | ||
| 06:00 | Claimant Count Change | -11 | 8.3 | 8.30 | Low | ||
| 06:00 | Employment Change | 83 | 70 | 70.00 | High | ||
| 06:00 | Average Earnings excl. Bonus | 3.5 | 3.5 | 3.50 | Low | ||
| 06:00 | Average Earnings incl. Bonus | 4.1 | 3.9 | 3.90 | Medium | ||
| 06:00 | Unemployment Rate | 4.9 | 5 | 5.00 | High | ||
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | Retail Price Index MoM | 0.6 | 0.7 | 0.55 | Low | ||
| 06:00 | Retail Price Index YoY | 3.2 | 3.5 | 3.40 | Low | ||
| 06:00 | PPI Core Output YoY | 2.8 | 2.9 | 2.85 | Low | ||
| 06:00 | Inflation Rate YoY | 2.9 | 3.1 | 3.00 | High | ||
| 06:00 | PPI Input MoM | -1.7 | -0.6 | -0.75 | Low | ||
| 06:00 | PPI Core Output MoM | 0.6 | 0.4 | 0.60 | Low | ||
| 06:00 | Core Inflation Rate MoM | 0.2 | 0.1 | 0.05 | Low | ||
| 06:00 | Inflation Rate MoM | 0.3 | 0.5 | 0.40 | Medium | ||
| 06:00 | PPI Output MoM | 0.2 | 0.1 | 0.10 | Low | ||
| 06:00 | PPI Output YoY | 3.1 | 3.1 | 3.10 | Low | ||
| 06:00 | Core Inflation Rate YoY | 2.6 | 2.7 | 2.65 | Medium | ||
| 06:00 | PPI Input YoY | 4.9 | 4.7 | 4.65 | Low | ||
| 08:30 | House Price Index YoY | 2 | 2.1 | 2.60 | Low | ||