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Showing 11 - 20 of 489 results for "PMI"

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... but remains elevated," sums up Markit Economics' findings for the month of May. The IHS Markit flash Australia composite PMI output index eased to a reading of 58.1 in May, but this, from April's final reading of 58.9 - the highest level recorded ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... restrictions - sprinkled with generous dashes of fiscal and monetary largesse have been captured in Markit Economics' latest PMI surveys. Flash (preliminary) estimates for May show: The US Composite Output Index rose to a record high reading with ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... containment measures that is, in turn, reviving economic 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 ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... governments to keep on giving until the yoke of yesterday gives way to a better tomorrow. Latest readings from Markit Economics' PMI surveys suggest that if we're not already there, we are getting oh so close. The IHS Markit flash US Composite ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... or not. So much so that recent business activity surveys continue to indicate continued strong expansion - Markit Composite PMI rose to a reading of 55.5 in March (from 53.7 in February); the services PMI increased to 55.5 (from 53.4); the manufacturing ...

Chief economist update: No fear

BENJAMIN ONG  |  MONDAY, 12 APR 2021
... money, money, they're also lifting economic growth. This is evidenced by the continued improvement in the JP Morgan Global PMI......underlined by advancing expansions in activity in the world's biggest economies. Despite the resurgence of infections ...

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
... 2022-compared with the 3.1% and 2.4% it projected three months earlier. To be sure, recent improvements in the au Jibun Bank Japan PMI readings back up both institutions' optimism. But improving as they are, the latest survey showed that overall ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... Institute of Supply Management's (ISM) survey of the services sector for March. This optimism is reflected in the Services PMI which jumped to a record high reading of 63.7 points in March versus 55.3 in the previous month and market expectations ...

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Tasplan and MTAA Super's $23 billion merged fund, Spirit Super, has reduced the weekly administration fees for members by 13.4%. Effective today, the administration fees are reducing from $1.50 per week to $1.30 per week. The merged fund has also ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
... during the country's Lunar New Year holidays. National Bureau of Statistics (NBS) data show that China's manufacturing PMI rebounded to a three-month high of reading 51.9 in March from 50.6 in February. This marks the 13th straight month of expansion ...