PMI Construction released by the  Chartered Institute of Purchasing & Supply and Market Economics shows business conditions in the UK construction sector. It is worth noting that the construction sector does not influence, either positively or negatively, the Gross Domestic Product as much as the Manufacturing sector does. A result that values above 50 signals appreciates (or is bullish for) the GBP, whereas a result that values below 50 is seen as negative (or bearish).

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