The US manufacturing PMI index has fallen to 57.8 in its preliminary reading for December from 58.3 points in November. The result disappoints the market consensus, which expected a rise to 58.5. Today’s is the weakest reading in a year, since December 2020. The preliminary PMI for services has also declined, falling to 57.5 from […]
Tag: SMEs
US: Manufacturing expansion at a low year, according to the IHS Markit PMI
LAST UPDATE: 17.01 Manufacturing growth in the US slowed to a one-year low in December, according to an IHS Markit survey, but data showed that labor supply shortages and supply chain problems were beginning to subside. According to IHS Markit, the manufacturing PMI fell to 57.8 in mid-December from 58.3 in November. This is the […]
Preliminary manufacturing PMI meets expectations and falls to 57.6 in December, its lowest level in 10 months
Markit’s preliminary UK manufacturing PMI index fell to 57.6 in December from 58.1 in November, matching the market’s expected result. This is its lowest level in three months. The Preliminary PMI for services has fallen to 53.2 from 58.5, disappointing the expected result of the consensus, which placed it at 57. This is the lowest […]
Preliminary manufacturing PMI weakens to 58.4 in December although improves the 57.8 expected
The preliminary Eurozone manufacturing PMI index has fallen to 58 in December from 58.4 points in November, although it improves the 57.8 expected by the market. In any case, this is the weakest result seen by the indicator in ten months, since February. The Preliminary Services PMI has also given ground, falling to 53.3 from […]
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, […]
Caixin’s manufacturing PMI shrinks to 49.9 in November, negative surprise
The Caixin Manufacturing PMI China’s November figure fell to 49.9 from October’s 50.6, falling below the expected 50.5, showing that the country’s manufacturing sector is back in contraction. China’s official manufacturing PMI expanded to 50.1 in November on Tuesday from 49.2 seen in October and down from 49.6 expected, according to the National Bureau of […]
Preliminary manufacturing PMI improves expectations and rises to 58.2 in November, its best result in three months
Markit’s preliminary UK manufacturing PMI index has risen to 58.2 in November from 57.8 in October, topping the 57.3 expected by the market. This is the best reading on record in three months. The Services PMI, Nevertheless, has regressed to 58.6 from 59.1, although it slightly improves the 58.5 points predicted by the experts. According […]
Preliminary manufacturing PMI beats estimates at 58.6 in November
The eurozone manufacturing PMI rises to 58.6 in November from the 57.3 expected. The Services PMI increases to 56.6 in November from the expected 53.5. Eurozone manufacturing activity improved more than expected in November, the latest IHS / Markit manufacturing activity survey showed on Tuesday. The euro area’s manufacturing purchasing managers index (PMI) reached 58.6 […]
Preliminary manufacturing PMI falls to 57.6 in November, its lowest level in 10 months
The preliminary index Germany’s manufacturing PMI released by Markit has fallen to 57.6 in November from 57.8 in October, improving the 56.9 expected by the market. The indicator has fallen to its lowest level in ten months. The Services PMI has improved one point, rising to 53.4 from 52.4 the previous month, reaching two-month highs. […]