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MNI Data Survey: UK Mfg, Construction and Services PMI

MNI (London)
By Jai Lakhani
     LONDON (MNI) - The UK manufacturing PMI is expected to remain at 54.0 in
August, an MNI survey of analysts suggests. However, the forecasts are fairly
varied with a standard deviation of 0.6. The construction PMI is expected to
drop 1.3 points from July's impressive reading of 55.8, although a forecast
outcome of 54.5 is still a more than healthy reading. The services PMI, due
Wednesday, is expected to pick up from July's reading of 53.5 to 54.0 in August.
                                   Aug                    Aug                Aug
--------------------------------------------------------------------------------
                                    UK                     UK                 UK
                       Markit CIPS PMI        Markit CIPS PMI    Markit CIPS PMI
                         Manufacturing           Construction           Services
Date Out                       3rd-Sep                4th-Sep            5th-Sep
MNI Median                        54.0                   54.5               54.0
Forecast High                     55.0                   55.0               54.2
Forecast Low                      53.5                   54.5               53.7
Standard
Deviation                          0.6                    0.3                0.1
Count                                8                      3                  8
Prior                             54.0                   55.8               53.5
Berenberg                         55.0                    N/A               54.0
Capital
Economics                         53.5                   54.5               54.0
Credit Suisse                     55.0                    N/A               54.0
Investec                          53.8                    N/A               54.0
Lloyds TSB                        54.5                   55.0               54.2
Morgan Stanley                    54.0                    N/A               54.0
Nomura                            54.0                    N/A               53.9
Oxford
Economics                         53.8                   54.5               53.7
--MNI London Bureau; +44 203 865 3828; email: jai.lakhani@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: MABPR$,M$B$$$,M$E$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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