News Tag: Purchasing Managers’ Index
March 1, 2010
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity grew faster than expected in February - sustaining the previous month's 15-year high rate of growth.
The positive figures will boost hopes that the economic recovery is gathering pace after last week’s fourth quarter GDP figures were revised upwards.
Last week, the Office for National Statistics revealed the UK ...
Strong UK manufacturing growth boosts recovery hopes
by Kay Murchie
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
October 5, 2009
Hopes of an end to the recession have been heightened by September data from the Chartered Institute of Purchasing and Supply.
New figures indicate that the UK service sector has grown at its fastest pace in almost two years, with the Institute's Purchasing Managers’ Index (PMI) turning in a better than expected performance and increasing to 55.3, up from ...
UK service sector shows fastest growth in two years
by Gill Montia
September 3, 2009
For the fourth consecutive month, the European Central Bank (ECB) has elected to keep interest rates unchanged at 1%.
The last time the ECB cut rates was in May and prior to that, rates were cut seven times since October 2008 when rates stood at 4.25%.
Germany and France, Europe’s largest economies have both emerged from recession after experiencing positive growth ...
Euro zone interest rates on hold at 1%
by Kay Murchie
