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Showing 1 - 10 of 32 results for "Eurozone PMI"

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... the year to the March 2021 quarter from negative 4.7% in the previous quarter. The lead from the latest IHS Markit Eurozone PMI survey foretells continued improvement. The IHS Markit Eurozone PMI composite index increased to a reading of 57.1 in May ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... contracting by 0.7% (there's that "7" again) in the final quarter of 2020. Readings from the latest IHS/Markit Eurozone PMI surveys - both the composite and services PMI fell deeper into contraction territory, to 47.8 and 45.4 in January; although ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
... in 2021, giving the next occupant of the White House a better starting point. The letter W. The IHS/Markit flash Eurozone PMI for October confirmed current concerns over the second wave in the region and the consequent re-imposition of restrictions to ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... cases seen in other European countries." The impact on the economy has already been captured in the latest IHS Markit Eurozone PMI survey. The composite index dropped back to a three-month low reading of 50.1 in September - the second consecutive month ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... restrictions. When it left, you left too. The impact on the economy is already captured in the latest IHS Markit Eurozone PMI survey. The composite index dropped back to a three-month low reading of 50.1 in September - the second consecutive month of ...

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: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... restrictions. But it was the Eurozone that suffered the most - underscored by the sharper drop in the IHS/Markit Eurozone PMI that dropped from an expansion reading of 51.6 in February 2020 to a record low 13.6 two months later. The harder they fall ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... quarter that followed a 1.0% growth in the December 2019 quarter. Despite the recent improvement in the IHS Markit Eurozone PMI surveys -- composite PMI increased to a reading of 31.9 in May from a record low of 13.6 in the previous month; manufacturing ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... quarter that followed a 1.0% growth in the December 2019 quarter. Despite the recent improvement in the IHS Markit Eurozone PMI surveys -- composite PMI increased to a preliminary reading of 30.5 in May (from a record low of 13.6 in the previous month) ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... 2011 According to IHS/Markit (at the time): "The upturn continued to be led by manufacturing, where the headline Eurozone PMI rose to its highest since the series began in June 1997. Faster manufacturing output growth was accompanied by the largest monthly ...
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