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Showing 1 - 10 of 166 results for "Manufacturing PMI"

Economic recap: Week to September 17

BENJAMIN ONG  |  MONDAY, 20 SEP 2021
... that China's manufacturing and services sectors dropped below the expansion/contraction mark in August - manufacturing PMI down to 49.2 in August from 50.3 in the previous month; services PMI down to 46.7 points from 55.0 in July. These are backed ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
... expected 63.7 in June from 68.7 in the previous month. The services PMI weakened to 64.6 from 70.4 in May while the manufacturing PMI was unchanged at 62.1 (although it slipped from the preliminary reading of 62.6). This is consistent with the decline ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... inched up to 5.9% in June from the 14-month low of 5.8% recorded in May. In the Eurozone, the IHS Markit Eurozone Manufacturing PMI rose from 63.1 in May to a new record high of 63.4 in June 2021 - the 12th straight month of expansion. However, rising ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... alongside higher output levels due to the phased reopening of customer-facing areas of the UK economy." The flash UK manufacturing PMI soared to 66.1 in May - the highest since 1992 - from the final reading of 60.9 in the previous month. The flash UK ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... Composite PMI increased to a nine-month high reading of 53.7 in April (from 53.2 in March). The region's manufacturing PMI rose to a record high of 63.3 while the services PMI went up to a reading of 50.3 - the first reading indicating expansion ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... Composite PMI increased to a nine-month high reading of 53.7 in April (from 53.2 in March). The region's manufacturing PMI rose to a record high of 63.3 while the services PMI went up to a reading of 50.3 - the highest and first reading indicating ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... 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 PMI marked its 10th straight month of expansion with a reading of 56.8 in March. Markit Economics' PMI survey is consistent ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... continued support from the government - driving consumer confidence and the services sector (as well as the Manufacturing PMI which rose to a 38-month high reading of 64.7 in March) were behind the continued improvement in the US labour market. The positive ...

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 ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... high of 60.0 points boosted by "stronger client demand and looser coronavirus disease 2019 restrictions". The manufacturing PMI rose to a two-month high reading of 59.0 due to higher client demand. But as Markit notes: "Producers were increasingly unable ...
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