S&P Global’s PMI® survey data for May indicated a steady, albeit slower, improvement in operating conditions across the Greek manufacturing sector. The overall rise was negatively affected by the sluggish growth of production and the unchanged, in general, inflows of new orders compared to April. Customer demand from home and abroad was hampered by price […]
Tag: processing
China: Caixin’s manufacturing index improved in May
Factory activity in China shrank in May as restrictions on smallpox eased and production resumed, according to a private sector survey, showing an improvement from a 26-month low in April. Caixin manufacturing PMI rose to 48.1 points in May from 46 the previous month, against estimates for 48 points. The May contraction was the second-largest […]
China: Manufacturing activity improved in May
Data on Chinese factories and services improved in May as more cities across the country emerged from lockdown and officials took steps to stimulate a sluggish economy, although data showed a slowdown in economic activity. . The official manufacturing index rose to 49.6 points in May from 47.4 points in April, compared to estimates for […]
Germany: Higher than ever the outstanding balance in manufacturing
The outstanding balance of German manufacturing companies is at an all-time high, according to a survey released today, as businesses struggle to meet high demand due to supply problems. Even without a new order, production could continue for 4.5 months, Ifo said, citing the results of a survey in which about 2,000 companies took part […]
Eurobank: Widening of the goods deficit, slowing of the processing in the first quarter
The disturbance caused by the rise in energy prices has already been felt, notes the Eurobank in its weekly bulletin “7 Days Economy”, adding that it is already reflected in the deterioration of the commodity balance due to the increase in import prices compared to the corresponding exports. the slowdown in production in manufacturing due […]
Germany: Orders for the manufacturing sector fell in March
German orders from the manufacturing sector fell in March, mainly due to falling orders from abroad. Manufacturing orders fell 4.7% month-on-month on adjusted terms, following a revised 0.8% drop in February, according to Destatis. Economists expected orders to fall by 0.5%. Capital goods orders fell 8.3% in March, while the production of intermediate goods fell […]
United Kingdom: Manufacturing PMI highest in April
British manufacturing moved higher in April in the UK after slowing to a one-year low in March following Russia’s invasion of Ukraine, but companies are wary of the prospects as costs jump and demand falls. S&P Global / CIPS manufacturing PMI rose 55.8 points in April from a 13-month low of 55.2 in March, a […]
Eurozone: Processing at a 15-month low in April
The manufacturing sector in the eurozone lost further momentum in April at the beginning of the second quarter, as production grew only marginally and with the lowest rate since June 2020, S&P Global announced. The manufacturing index was at a 15-month low in April, at 55.5 points from 56.5 points in March. “The manufacturing sector […]
USA: Mixed image for the manufacturing sector
LAST UPDATE 17:10 A mixed picture was created for the manufacturing sector in the USA by two different exhibitions that saw the light of day today. In particular, according to her research data S&P Global Manufacturing activity improved in March, with the relevant PMI climbing to 58.8 points from 57.3 points in February, surpassing the […]
Britain: Processing at a 13-month low in March
British manufacturing grew at the slowest pace in 13 months in March and price pressures, which had shown some signs of “easing”, worsened. S&P Global manufacturing PMI fell to 55.2 from 58 in February. The index for new orders was at its lowest level since January 2021, having been hit by the slowdown in domestic […]
