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Showing 21 - 30 of 58 results for %22IHS Markit%22

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... and the first to ease 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. ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... 5.7% in March 2019 to 4.1% in December - before the pandemic to 3.1% in the year to the March quarter of 2020. Worse, the IHS/Markit India composite PMI remained at an extremely low 14.8 in May after dropping to a single-digit reading of 7.2 in April ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... March 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 ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... March 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 ...

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

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... 2018). This translates to an 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 ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... Economics PMI surveys reveal the extent of the impact social restrictions and lockdowns is having on economic activity: The IHS/Markit flash US composite PMI output index dropped to a reading of 27.4 in April - "the fastest reduction in private sector ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... for longer. The impact on economic activity is just as bad as the cases of infection and deaths in the country. The IHS Markit/ CIPS Flash UK Composite PMI dropped to an all-time low reading of 12.9 in April, with the services sector plunging to a record ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... Consumer confidence dropped by five points - the largest on record - to -11.6 in March from -6.6 in the previous month. The IHS/Markit Eurozone composite index dove to an all-time low of 29.7 in March from 51.4 in February, paced by the near halving ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... time, the optimism will last. Perhaps... perhaps... perhaps. They better work given the deterioration in US economic activity. IHS/Markit's flash US composite PMI dropped to a fresh low of 40.5 in March (from 49.6 in the previous month) as manufacturing ...

Chief economist update: COVID-19 solves overtourism in Europe

BENJAMIN ONG  |  WEDNESDAY, 26 FEB 2020
... would certainly reverse the budding 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 ...