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Showing 31 - 40 of 166 results for "Manufacturing PMI"

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

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... 29.7 in March suggests that the second quarter is off to a bad start. Even worse, the region's preliminary manufacturing PMI estimate for April had been downgraded from a reading of 33.6 points (the lowest in 134 months) to a final reading of 33.4 ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... March's final reading of 40.9, dragged down by significant falls in the manufacturing and services sectors. The manufacturing PMI declined to a 133-month low reading of 36.9 in April from 48.5 in the previous month as the pandemic prompted cancellations ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... 51.4 in February, paced by the near halving of the services PMI to 26.4 (from 52.8) and continued falls in the manufacturing PMI to 44.5 (from 49.2), which had been in contraction territory for the 14th straight month. This year to date, the Euro Stoxx-50 ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... Statistics(NBS) provides an early indication that economic activity there has returned to expansion. The official manufacturing PMI surged to a reading of 52.0 in March from a record low reading of 35.7 in the previous month due to improvements in all ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... economic growth forecast to 4.9%. This figure is consistent with the latest China PMI readings. The official NBS Manufacturing PMI dropped to a reading of 35.7 in February from 50.0 in the previous month. This is the lowest level on record and is below ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... reading of 53.2 due to a slower rate of expansion in the manufacturing and services sectors over the month. The manufacturing PMI slowed to 51.5 in December from51.8 in November marking the fifth straight month that the index had been in expansion. The ...

Chief economist update: Phase one deal signed, sealed and delivered

BENJAMIN ONG  |  THURSDAY, 16 JAN 2020
... reading of 53.2 due to a slower rate of expansion in the manufacturing and services sectors over the month. The manufacturing PMI slowed to 51.5 in December from 51.8 in November marking the fifth straight month that the index had been in expansion. ...

Chief economist update: Bah humbug

BENJAMIN ONG  |  TUESDAY, 3 DEC 2019
... stumbling blocks) and accompanied by the recent improvement in world manufacturing activity. The JP Morgan global manufacturing PMI rebounded into expansion territory to a seven month high reading of 50.3 in November after five months of contraction....and ...

Chief economist update: Chinese green shoots?

BENJAMIN ONG  |  MONDAY, 2 DEC 2019
... China's manufacturing sector has stopped contracting. The official National Bureau of Statistics (NBS) China manufacturing PMI increased to a reading of 50.2 in November - 50 separates contraction from expansion - from 49.3 in the previous month. ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... in as many FOMC meetings - July and September). And China appears to be getting back up too. The Caixin China manufacturing PMI rose from 51.4 in September to 51.7% in October. No big deal given the quantum of increase but a big one given that it marks ...