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Showing 1 - 10 of 20 results for "Eurozone Composite PMI"

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... activity in the region. This is evidenced by IHS Markit's most recent PMI surveys. The IHS Markit flash Eurozone Composite PMI increased to a nine-month high reading of 53.7 in April (from 53.2 in March). The region's manufacturing PMI rose to ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... manufacturing (60.6) and services sectors (63.1) ramping up to their highest levels on record. The IHS Markit flash Eurozone Composite PMI increased to a nine-month high reading of 53.7 in April (from 53.2 in March). The region's manufacturing PMI ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
... skepticism over its effectiveness that, in turn, are weighing on business activity. The latest IHS Markit Eurozone Composite PMI showed that although overall activity improved from the six-month low reading of 45.3 in November, it remains in contraction ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... 6.0% in 2021, stronger than the 4.8% recovery in advanced economies. The sharp recovery in the IHS Markit Eurozone composite PMI to a level indicating expansion in July (54.9) from the record low reading of 13.6 in April gave substance to both institutions' ...

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... annualised rate of minus 14.4% and minus 3.3% year-on-year. The drop in the flash estimate of the IHS/Markit Eurozone composite PMI to an all-time low of 13.5 in April from 29.7 in March suggests that the second quarter is off to a bad start. Even worse ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... government to limit the spread of the coronavirus infection. Preliminary estimates show the IHS/Markit Eurozone composite PMI diving to an all-time low of 13.5 in April from 29.7 in March. The drop in manufacturing output to a record-low reading of 18.4 ...

Chief economist update: COVID-19 solves overtourism in Europe

BENJAMIN ONG  |  WEDNESDAY, 26 FEB 2020
... improvement in the Eurozone economy. Just before the virus broke out in Europe, IHS Markit reported that the Eurozone Composite PMI increased to 51.6 in February 2020 from 51.3 in the previous month -- beating market consensus of 51.0 and is the fastest ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... advising to overweight Eurozone equities. The forward view (back then) was also better with the Markit Eurozone composite PMI index for December 2017 surging to its highest reading since February 2011 According to IHS/Markit (at the time): "The upturn ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
... are nascent signs of stability over economic activity... According to Markit Economics, "The IHS Markit Eurozone Composite PMI rose to 52.1 in June, according to the preliminary 'flash' estimate, up from 51.8 in May to reach its highest since ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... April from 105.6 in March. The IHS Markit Flash Eurozone PMI for April captures all these. The IHS Markit Eurozone Composite PMI fell from 51.6 in March to 51.3 in April - less than market expectations of 51.8 and the slowest rate of expansion in three ...
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