UK construction PMI likely to fall to 52.5 - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TDS suggest that markets are looking for the UK construction PMI to come in little changed from the prior month at 53.0 in December.

Key Quotes

“However, after the sharp fall in the manufacturing PMI yesterday, we see some downside risks to the construction index as well and look for a fall to 52.5.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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