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Showing 1 - 10 of 28 results for "Markit Eurozone"

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... unemployment rate 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. ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... in the year to the March 2021 quarter from negative 4.7% in the previous quarter. The lead from the latest IHS Markit Eurozone PMI survey foretells continued improvement. The IHS Markit Eurozone PMI composite index increased to a reading of 57.1 in May ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... before contracting by 0.7% (there's that "7" again) in the final quarter of 2020. Readings from the latest IHS/Markit Eurozone PMI surveys - both the composite and services PMI fell deeper into contraction territory, to 47.8 and 45.4 in January ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
... vaccine and some skepticism over its effectiveness that, in turn, are weighing on business activity. The latest IHS Markit Eurozone Composite PMI showed that although overall activity improved from the six-month low reading of 45.3 in November, it remains ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... cases seen in other European countries." The impact on the economy has already been captured in the latest IHS Markit Eurozone PMI survey. The composite index dropped back to a three-month low reading of 50.1 in September - the second consecutive month ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... bounce back by 6.0% in 2021, stronger than the 4.8% recovery in advanced economies. The sharp recovery in the IHS Markit Eurozone composite PMI to a level indicating expansion in July (54.9) from the record low reading of 13.6 in April gave substance ...

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

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... 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. The harder they ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... 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; manufacturing ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... 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
... 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 off to a bad ...
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