A flash PMI for the UK will be released at 09:30 UK Time on July 22nd.
The release is intended to help provide clarity on the potential impact of the UK’s EU referendum on the economy, and is in response to demand from data users.
The Flash UK PMI will follow the same principles as Markit’s Flash PMIs for the Eurozone, Germany and France. Based on more than 70% of usual replies to the regular UK monthly PMI surveys, the flash release will contain survey indices relating to manufacturing and services as well as a set of weighted-composite indices reflecting economic trends across the two sectors combined.
The Markit/CIPS Flash UK PMI results will be followed by a final UK Manufacturing PMI on 1 August 2016 and a final UK Services PMI on 3 August 2016.
The flash UK PMI release will provide valuable insight to businesses, governments, policy makers and investors seeking to assess the immediate economic impact of the referendum.The July flash release is intended as a one-off and there are currently no plans to produce on a regular basis.
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