News Tag: fastest
February 1, 2010
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity rose at its fastest rate in 15 years in January.
The figures will boost hopes that the economic recovery is gathering pace after last week’s disappointing fourth quarter GDP figures.
The PMI grew to 56.7 in January, up from a revised 54.6 the previous month. The ...
UK manufacturing activity grows at fastest rate for 15 years
by Kay Murchie
April 29, 2009
According to Bank of Spain estimates released today, the Spanish economy has shrunk by 1.8 percent in the first quarter and hinted that gross domestic product (GDP) has fallen by 2.9 percent in the last year, even though the Spanish government had, up until recently, said that the GDP decrease would be no more than 1.6 percent for ...
Spain’s economy contracts at fastest rate in 40 years
by Peter Charalambous
October 1, 2008
According to the Chartered Institute of Purchasing and Supply's (CIPS) purchasing managers' index, the UK’s manufacturing sector is now shrinking at the fastest rate since records began in January 1992.
Last month the index fell to 41, the lowest reading ever and any reading under 50 indicates a contraction.
The survey will no doubt increase fears that the UK is entering ...
UK manufacturing shrinks at fastest rate since 1992
by Kay Murchie
