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Showing 11 - 20 of 22 results for "CIPS"

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG | TUESDAY, 5 JUN 2018

... labour market - the unemployment rate remained at a 42-year low of 4.2% in the three months to March - and the lead from the CIPS Survey where both the manufacturing and services sectors remain at expansion territory, should provide good growth underpinnings ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG | TUESDAY, 10 APR 2018

... March quarter from -11 in the previous three-month period (the highest level in one year) backed up by the latest IHS Markit/CIPS UK PMI surveys that showed both manufacturing (55.1) and services (51.7) remain in expansion territory. Last month's good ...

No follow through

BENJAMIN ONG | TUESDAY, 8 AUG 2017

... pound has undoubtedly pushed up inflation but it is also shoring up domestic activity. This is underscored by the Markit/CIPS PMI survey indices - composite, manufacturing and services -- which, despite lingering Brexit uncertainties, have remained sharply ...

Brexit-proof?

BENJAMIN ONG | WEDNESDAY, 5 APR 2017

A small dip in the Markit/CIPS UK manufacturing PMI to 54.2 in March from 54.5 in the previous month provides further evidence of the economy's resilience to Brexit uncertainty. The latest reading might be the lowest level in four months but it's also ...

Economic Wrap

BENJAMIN ONG | THURSDAY, 3 NOV 2016

... following August's 6.1% drop and marking the fourth consecutive month of year-on-year fall. UK construction PMI The Markit/CIPS UK construction PMI rose to its best level since March this year, up to a reading of 52.6 in October from 52.3 in the previous ...

Economic Wrap

BENJAMIN ONG | WEDNESDAY, 2 NOV 2016

... higher input and output charges saw inflation rising to its highest level since November 2011. UK manufacturing PMI Markit/CIPS UK manufacturing PMI declined to 54.3 in October, only slightly missing expectations for an easing to 54.5. However, this ...

Economic Wrap

BENJAMIN ONG | WEDNESDAY, 5 OCT 2016

... however, so not all sub-sectors are flourishing". UK construction PMI The Markit/Chartered Institute of Procurement and Supply (CIPS) UK construction PMI rose to 52.3 in September from 49.2 in the previous month and beating market expectations for a ...

Economic Wrap

BENJAMIN ONG | TUESDAY, 5 JUL 2016

... June from 51.0 in the previous month. UK construction PMI No surprises here. Brexit uncertainty has pulled down the Markit/CIPS UK Construction PMI down to a reading of 46 in June from 50.5 in the previous month - the first contraction in UK construction ...

BOE no change, no worries

BENJAMIN ONG | WEDNESDAY, 22 APR 2015

... consecutive month of decline - to 772,400 (the lowest in 40 years). This adds to positive indications from the latest Markit/CIPS UK purchasing managers' index (PMI) surveys. The March surveys' headlines say it all: UK Manufacturing PMI hits 8-month ...

All about the slack

BENJAMIN ONG | THURSDAY, 7 AUG 2014

... -- Markit's chief economist - to remark, "The growth surge in the UK economy shows no signs of abating. The three Markit/CIPS PMI surveys showed business activity expanding in July at the fastest rate since April". Strong and strengthening, the economy ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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