March brought to British construction sector unexpectedly high increase. Not only PMI remained in expansion area, it improved far more than forecasted.
As Markit and CIPS reported today U.K’s construction Purchasing Managers’ Index grew by 2.4 points to total at 56.7.
February’s reading showed 54.3 and economist forecasted only 0.8% gain for March.
56.7 points is the highest level of PMI in last 21 months.
The couple GBP/USD was traded at 1.6026 after news release.
MegaTraderFX - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. MegaTraderFX bears no responsibility for any trading losses you might incur as a result of using any data within the MegaTraderFX.
