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Purchasing Managers Index (PMI) - July 2016 Release

CIPS Release Decline

The decision in June for Britain to leave the EU has resulted in a dramatic deterioration in economic activity, not seen since the weeks following the global financial crisis.

IHS Markit's Purchasing Managers' Index (PMI) was released on 22nd July 2016 and shows a dramatic fall to 47.7 in July, the lowest level since April in 2009. Any reading on the index which is below 50 indicates market contraction.

Read the related news article here.

23 July 2016
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Max Crosby Browne - CEO, Home Decor
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