Manufacturing activity in the United States intensified in February as COVID-19 infections receded after a jump in previous months due to the micron mutation. In particular, the Institute for Supply Management (ISM) announced that the index for the activity of the country’s factories increased to 58.6 points last month, from 57.6 points in January, which […]
Tag: IHS Markit
Britain: Services PMI at a 10-month low in December due to Omicron
The UK services sector was hit hard last month, with the PMI hitting its biggest drop since the country was last locked down as the Omicron variant hit the hospitality and travel sectors. In particular, the IHS Markit services PMI fell to 53.6 points in December, a 10-month low from 58.5 points in November, according […]
Eurozone: The composite PMI is at a nine-month low
Economic growth in the Eurozone fell to a nine-month low in December, following a brief acceleration in November, returning to the downward trend that has shaped the last wave of the pandemic. In particular, the composite PMI, which combines manufacturing and services, fell to 53.3 points in December from 55.4 in November, the IHS Markit […]
IHS Markit: Improving operating conditions in the Greek manufacturing sector in December
Significant improvement in operating conditions throughout the Greek manufacturing sector, due to sharper increases in production and employment levels, was indicated by the data of the December PMI survey. IHS Markit Purchasing Managers’ Index (PMI) closed at 59 points in December, slightly higher than the 58.8 points in November, indicating a significant improvement in the […]
US: Manufacturing data conflicting
Contradictory conclusions were reached by two different surveys of the manufacturing sector published today in the US. In particular, the Institute for Supply Management (ISM) survey showed an increase in manufacturing activity in November, with the relevant index climbing to 61.1 in the previous month from 60.8 in October. Analysts’ average estimates in a Reuters […]
IHS Markit: The upward trend of the manufacturing sector in Greece remains important
Further significant improvement in the health of the Greek manufacturing sector was indicated by the IHS Markit PMI® survey data for November, as the overall growth rate was broadly proportional to the rate observed in October. The rate of increase in production was similar to the rate observed in the previous period of the survey, […]