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Showing 41 - 50 of 488 results for "PMI"

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... negative growth: -7.0% (annualised) in the December 2019 quarter and -2.3% in the March 2020 quarter. The au Jibun Bank Japan PMI survey underscores the improvement in activity. Although still in contraction territory (below the 50 reading), the composite ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... almost the entire planet earlier this year. This is underscored by the continuing recovery in the JP Morgan Global Composite PMI - the survey tracks a total of 27,000 manufacturing and services companies, in over 40 countries that account "for 89% of ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... the world - sparked a recovery in economic activity, underscored by the rebound in the IHS/CIPS purchasing managers indices (PMI). The composite PMI continues to strengthen, rising to a reading of 59.1 in August - a 72-month high and the fourth straight ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
... expanding by 3.2% in the year to the June 2020 quarter following the March quarter's 6.8% contraction. The latest official PMI survey shows both manufacturing and non-manufacturing activity remaining in expansion in August - the sixth straight month ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... targeting macroeconomic policy to respond to economic shocks." The report comes as the Commonwealth Bank released its most recent PMI data which showed the ongoing economic effects of COVID-19. The latest PMI data showed business activity across Australia ...

Link suffers in COVID environment

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
Link Group has posted disappointing FY20 results across the board weighed down by tough trading conditions and increased regulatory costs. Compared to last year Link posted a 12% fall in statutory net profit, a 27% fall in operating net profit after ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... and monetary stimuli to mitigate the fallout from the pandemic. So far, it's not looking good. The au Jibun Bank Japan PMI survey shows private sector activity remains in contraction in August - the seventh straight month for the composite PMI; the ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... (minus 6.8% y-o-y) in the March quarter. More recent reports indicate continued growth in the economy with the Caixin China PMI - composite, manufacturing and services - remaining at levels indicating expansion (above 50) over the past three months to ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... hitting the single currency region is slowing economic activity. This is evidenced by the latest IHS Markit Flash Eurozone PMI survey. The flash Eurozone PMI Composite Output Index fell back to a two-month low reading of 51.6 in August after surging ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
... Australia's private sector activity is back, back in contraction that is. The Commonwealth Bank flash Australia composite PMI fell to a reading of 48.8 in August - indicating "Contraction, change of direction" - from 57.8 in July - indicating "Expansion ...