PMI

Euro zone business activity returns to growth in March

Euro zone business activity returns to growth in March

  • Despite a slow vaccine roll-out and a surge in reported coronavirus infections, optimism about the year ahead improved. The composite future output index rose to 67.9 from 67.0, its highest since February 2018.
Published 07 Apr, 2021 01:53pm
China stocks down
Markets

China stocks down

BEIJING/SHANGHAI: China stocks ended lower on Wednesday, led by losses in material and property shares, as investors...
Published 01 Apr, 2021 04:10am
US factory activity slows in February but supply bottlenecks push up prices
World

US factory activity slows in February but supply bottlenecks push up prices

  • The data was in line with economists' forecasts, with a reading above 50 indicating growth in manufacturing, which accounts for 11.9% of the US economy.
  • The supply chain bottlenecks, which are widespread across the manufacturing sector as well as the services industry, have led to higher prices for inputs, including raw materials.
Published 19 Feb, 2021 09:05pm
Double-dip Europe recession 'increasingly inevitable': PMI
World

Double-dip Europe recession 'increasingly inevitable': PMI

  • A double-dip recession for the eurozone economy is looking increasingly inevitable as tighter Covid-19 restrictions took a further toll on businesses in January.
  • This was due to the "ongoing relative resilience of manufacturing, rising demand for exported goods.
Published 22 Jan, 2021 05:40pm
UK economy faces another recession on virus curbs: survey
World

UK economy faces another recession on virus curbs: survey

  • The composite purchasing managers' index (PMI) sank to an eight-month low at 40.6 points, compilers IHS Markit and the Chartered Institute of Procurement and Supply (CIPS) said.
  • The shift below 50 -- indicating contraction -- compared with 50.4 in December.
Published 22 Jan, 2021 05:34pm
US final manufacturing PMI ends 2020 at 6-year high: IHS Markit
World

US final manufacturing PMI ends 2020 at 6-year high: IHS Markit

  • Consumer goods makers saw weaker order flow as COVID-19 infections surged and limited consumer spending.
  • With output moderating to 58.3 last month from 59.2 in November, the headline index's improvement was driven largely by a strong pricing environment.
Published 04 Jan, 2021 08:23pm