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Showing 31 - 40 of 217 results for %22Composite PMI%22

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... decline in business activity over August is hardly surprising given the lockdown measures in Victoria. With the August composite flash PMI showing only modest contraction it is highly likely that outside of Victoria private output in the rest of Australia ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... Japan PMI survey shows private sector activity remains in contraction in August - the seventh straight month for the composite PMI; the ninth for the services PMI; and, the 16th for manufacturing. Base effects dictate a rebound in GDP in the next quarter ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... y-o-y) in the March quarter. More recent reports indicate continued growth in the economy with the Caixin China PMI - composite, manufacturing and services - remaining at levels indicating expansion (above 50) over the past three months to July. Similarly ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... 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 to a two-year high of 54.9 in July and ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
... Australia's private sector activity is back, back in contraction that is. The Commonwealth Bank flash Australia composite PMI fell to a reading of 48.8 in August - indicating "Contraction, change of direction" - from 57.8 in July - indicating "Expansion ...

Chief economist update: The V in recovery

BENJAMIN ONG  |  THURSDAY, 6 AUG 2020
... from digging deeper which, at the same time, prevented businesses and consumers from drowning. The JP Morgan Global Composite PMI underscores the V-shaped recovery in the global economy. Even better, the latest reading showed global economics activity ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... industrial production - have sequentially improved since their sharp drops in February this year. The Caixin China PMI - composite, manufacturing, services - have returned to expansion in May and strengthened even more in June. More recently, China's ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
... economic activity has picked up. This is underscored by the improvement in the au Jibun Bank Japan PMI surveys. The composite index moved closer to the expansion mark, rising to a reading of 43.9 in July from 40.8 in June and 27.8 in May and the all-time ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... have produced some green shoots. This is underscored by the improvement in the au Jibun Bank Japan PMI surveys. The composite index moved closer to the expansion mark, rising to a reading of 40.8 in June from 27.8 in May and the all-time low reading ...

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
... Forward indications are also positive. The Caixin China PMI surveys have returned to readings indicating expansion - composite (55.7 in June from a record low 27.5 in February); manufacturing (51.2 from 40.26); services (58.4 from 26.5). The supply side ...