Tag: purchasing managers’ index

China manufacturing growth slows further

China manufacturing growth slows further

Manufacturing activity in China eased further last month, two separate surveys have revealed today. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) fell to 50.7 last month from June’s reading of 50.9. Secondly, the HSBC China Manufacturing PMI also suggested activity is slowing with the index falling [...]

China manufacturing growth slows further

China manufacturing growth slows further

Manufacturing activity in China eased last month, two separate surveys have revealed today. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) fell to 50.9 in June from May’s reading of 52 – the lowest level since February 2009. The reading was also lower than expectations of a [...]

Chinese manufacturing slows in May

Chinese manufacturing slows in May

Manufacturing activity in China eased last month, two separate surveys have revealed today. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) dipped to 52 in May from 52.9 in April. While the reading was better than expectations of 51.6, it represented the lowest for nine months. Secondly, [...]

Chinese manufacturing picks up in March

Chinese manufacturing picks up in March

Manufacturing activity in China appears to have improved in March, two separate surveys have revealed today. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) rose to 53.8 in March from February’s six-month low of 52.2. Secondly, the HSBC China Manufacturing PMI edged higher to 51.8 in March [...]

Chinese manufacturing eases in February

Chinese manufacturing eases in February

Manufacturing activity in China eased in February, two separate surveys have revealed today. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) dipped to 52.2 in February from January’s 52.9. According to the CFLP, this was the third consecutive month in which activity fell. However, the index remains [...]

Chinese manufacturing remains strong in January

Chinese manufacturing remains strong in January

Manufacturing activity in China remained strong in January, two separate surveys have revealed. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) dipped to 52.9 in January, from 53.9 the previous month. Secondly, the HSBC China Manufacturing PMI edged higher to 54.5 in January, from 54.4 in December. [...]

Euro zone service sector expands in January

Euro zone service sector expands in January

A survey has revealed Europe’s powerhouse, Germany, continue to leads the recovery after the economy’s services sector rose to a 55-month high. Early findings from the business survey, Markit’s Flash Purchasing Managers’ Index for the 17-member nation rose to 55.2 in January from 54.2 in December, beating forecasts of a 54.3 reading. The index remains [...]

UK service sector activity in surprise contraction in December

UK service sector activity in surprise contraction in December

Growth in the UK’s closely-watched service sector contracted in December – suggesting a sharp slowdown in economic growth in the final quarter of 2010. The Chartered Institute of Purchasing and Supply (CIPS)/Markit purchasing managers’ index (PMI) fell to 49.7 in December, down from the reading of 53.0 in November. Not only did the sector endure [...]

Chinese manufacturing growth slows in December

Chinese manufacturing growth slows in December

Manufacturing activity in China slowed in December, two separate surveys have revealed. Firstly, the China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) fell to 53.9 in December, from 55.2 the previous month. It was the first time in five months that the index had fallen. However, the index remains above [...]

Scottish manufacturers see strong rise in production

Scottish manufacturers see strong rise in production

Official figures revealed Scotland’s manufacturing sector grew in November at its fastest rate since August. The rise was attributed to a strong rise in new export orders for Scottish manufacturers, the Bank of Scotland’s Purchasing Managers’ Index (PMI) revealed today, boosted by demand from China and the US. The Bank of Scotland’s chief economist, Donald [...]

Euro zone services sector growth slows in October

Euro zone services sector growth slows in October

Figures today have revealed growth in the euro zone’s service sector slowed last month, as growth in new orders remained weak. The Markit euro zone Services Purchasing Managers’ Index (PMI), fell to an 8-month low last month of 53.3, down from 54.1 in September. However, analysts had expected the index to fall to 53.2 but [...]

Chinese manufacturing improves in August

Chinese manufacturing improves in August

Manufacturing activity in China improved in September, two separate surveys showed today. Firstly, the HSBC China Manufacturing purchasing managers index (PMI) edged higher to 52.9 in September, from 51.9 in August, due to growth in production and new orders. In the meantime, a separate survey released by the China Federation of Logistics and Purchasing (CFLP) [...]

US manufacturing activity expands for 12th straight month

US manufacturing activity expands for 12th straight month

The Institute for Supply Management’s (ISM’s) purchasing managers index (PMI) today revealed the US manufacturing sector expanded for the 12th month in a row in July. The growth was better than the 54.2 analysts had forecast with the index dipping to 55.5 in July from 56.2 the previous month. However, while any reading above 50 [...]

Chinese manufacturing sees further slowdown in July

Chinese manufacturing sees further slowdown in July

There is further evidence today that China’s economy is cooling after two official independent surveys revealed a slowdown in manufacturing activity. Firstly, the HSBC China Manufacturing purchasing managers index (PMI), fell to 49.4 in July from 50.4 in June. As a result, manufacturing contracted for the first time in 16 months as any reading below [...]

US manufacturing growth rate eases in May

US manufacturing growth rate eases in May

The Institute for Supply Management’s (ISM’s) purchasing managers index (PMI) today revealed the US manufacturing sector expanded for its 10th month in a row in May, albeit at a slower rate. The index dropped to 59.7 points in May, slipping from 60.4 the month before. However, any reading above 50 indicates growth within the sector. [...]

China manufacturing continues to grow in February

China manufacturing continues to grow in February

Surveys by the Chinese Government and HSBC have today revealed China’s manufacturing activity continued to grow in February, albeit at a slower pace. The HSBC China Manufacturing purchasing managers’ index (PMI) dipped to 55.8 in February from 57.4 the previous month. However, a reading above the crucial 50 mark means the sector is expanding. In [...]

Russia’s economy contracts 7.9% in 2009

Russia’s economy contracts 7.9% in 2009

UK construction sector contracts for 21st consecutive month

UK construction sector contracts for 21st consecutive month

The Chartered Institute of Planning & Supply(CIPS)/Markit purchasing managers index revealed a marginal rise in UK construction activity to 47.0 in November, from 46.2 in October. Any figure below the 50 mark represents a contraction but November’s reading represents the highest since August as the rate of decline slows and new order volumes saw an [...]

Growth in UK services sector boosts economy hopes

Growth in UK services sector boosts economy hopes

The Chartered Institute of Purchasing & Supply’s Purchasing Managers’ Index has posted a reading of 56.9 on services activity in October, up from 55.3 in September. The reading of 56.9 was the highest since August 2007 and beat analysts expectations of 55.5. Furthermore, October’s reading represented the sixth consecutive month the sector has shown an [...]

Construction sector contracts for 20th consecutive month

Construction sector contracts for 20th consecutive month

The Chartered Institute of Planning & Supply(CIPS)/Markit purchasing managers index fell to 46.2 in October, from 46.7 in September, marking the 20th consecutive month of falls due to a slump in demand for commercial and civil engineering work. Meanwhile, job cuts in the sector also increased at the fastest rate in four months, while input [...]