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Originally Posted by denphone
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Nothing has actually happened yet. Everything is the same as before. Their figures are not based on any REAL things.
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The Markit/CIPS UK Manufacturing PMIŽ is based on data compiled from monthly replies to questionnaires sent to purchasing executives in
over 600 manufacturing companies.
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And their figures are not yet complete.
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The July flash estimate is based on approximately 85% of expected total PMI survey responses
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Final July data are published on August 1 for manufacturing and August 3 for services and composite indicators.
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Not sure how they can publish full July figures that quickly.
Anyway the rest of the EU isn't doing that great so that by itself will have an impact, eg less exports.