New data S&P Global Manufacturing PMI (Jan)
2/3/2025
actual 48.3, previous 47
The event is the S&P Global Manufacturing PMI (Purchasing Managers' Index) for the UK in January. The actual PMI value reported is 48.3, which is higher than the previous value of 47. This indicates a positive change of 1.3 points. The impact of this event is considered high, as it provides insights into the economic health of the manufacturing sector in the UK. The estimate was 48.2, so the actual value slightly exceeded expectations. Overall, the increase in the PMI suggests a slight improvement in the manufacturing sector's performance compared to the previous month.This is not investment advice. Remember to verify the information provided here.
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