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Showing 1 - 10 of 17 results for "PMI report"

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... indicating expansion - after contracting in April (41.6) and May (45.4) last year. Wait, there's more! The Services PMI report showed not one, not two, but all of the 18 services industries surveyed reported growth. According to Anthony Nieves -- ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... economies, except for Japan (which continues to decline). But as Markit Economics/Jibun Bank acknowledged in its Japan PMI report, "the sales tax rise and harsh weather conditions affected demand, as new order growth eased to a 17-month low in October." ...

Chief economist update: Eurozone growth slowing fast

BENJAMIN ONG  |  WEDNESDAY, 31 OCT 2018
... staff macroeconomic projections at the next update especially given the readings from Markit Economics' Eurozone PMI report indicating that business activity in the region was off to a weak start in the fourth quarter. The heading of Markit Economics' ...

Australian economy proceeding according to projections

BENJAMIN ONG  |  TUESDAY, 9 MAY 2017
... 2.75%-3.75% (ScoMo's prediction should be largely in line with this) before heading to "a little above 3%". Last week's AiG PMI report show increasing expansion in the sectors it surveys - manufacturing up to 59.2 in April from 57.5 in March; services ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 2 JUN 2016
Australia GDP Australia's economic growth accelerated in the first quarter of 2016. Real GDP expanded by 1.1% in the March quarter - up from the 0.7% increase recorded in the fourth quarter 2015 and significantly higher than market expectations for ...

Look up in the sky, it's the yen

BENJAMIN ONG  |  MONDAY, 11 APR 2016
... enterprises also deteriorated in the March quarter. This is in line with the latest Nikkei/Markit Japan manufacturing PMI report showing the index falling to a reading of 49.1 in March from 50.1 in February. Lead indications from new orders - down at ...

Lesson in expectations management

BENJAMIN ONG  |  FRIDAY, 18 DEC 2015
... progress made with fiscal consolidation and structural reforms". The latest Markit Economics December Flash Eurozone PMI report gives credence to the ECB's outlook: "The eurozone economy enjoyed a comfortably solid end to 2015, though policymakers are ...

Feds still in a hole at the Jackson

BENJAMIN ONG  |  MONDAY, 31 AUG 2015
... expected in the second half." To be sure, that was before the yuan devaluation and the disappointing Caixin flash China PMI report but... that was also before the latest round of policy stimulation. Nevertheless, I remain confident that China would maintain ...

The ECB can't make the horse drink

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2014
... PMI for September came in lower than market expectations and down from the August reading. Markit's heading for the PMI report says it all: "PMI signals further waning of Eurozone growth in September". I can almost hear the alarm bells clanging at the ...

So good but for the wrong spin

BENJAMIN ONG  |  WEDNESDAY, 2 JUL 2014
The sun is shining, the sky is blue and the butcher, the baker and the candlestick maker appears to have celebrated America's 'Independence Day' three-days early. You'd be jingling your bells and singing hallelujah too, Virginia, when you look at what ...
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