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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
UK DATA
MNI (London)
- UK December flash PMIs saw a drop in growth as services declined substantially with the Omicron variant hitting the UK particularly hard. All values remain above the breakeven expansion point of 50.
- The manufacturing prelim PMI dampened as forecasted to a 3-month low of 57.6 (previous: 58.1) as UK exports fell under Brexit difficulties, however supply bottlenecks were seen easing slightly.
- The flash services PMI dropped over five points from November’s reading, dampening to 53.2 in December (forecast: 57.0, previous: 58.5). This 10-month low was led by a strong decline in consumer-facing service activity, with travel and hospitality suffering the most as demand fell sharply due to the spread of the new covid variant.
- Overall, the UK flash composite PMI dropped to a ten-month low of 53.2, over three points below the Bloomberg consensus (forecast: 56.3, previous: 57.6).
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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