India services PMI fell to 46.4 in May. Output fell for the first time in eight months with COVID-19 concerns dampening confidence. Read more here: Link https://t.co/0fXOT38drD
IHS Markit PMI™ Thu 03 Jun 2021 05:19- Caixin #China General Services #PMI slipped to 55.1 in May. The service sector saw softer, but still marked, rises in activity and new orders while #employment increased modestly. Read more : Link https://t.co/VMP6RHS7RQ IHS Markit PMI™ Thu 03 Jun 2021 01:53
- Japan services saw quicker contraction in output and new business in May as COVID-19 infections spiked. The au Jibun Bank Japan Services PMI declined to 46.5. Read more here if you missed it earlier: Link https://t.co/zbMbI7vFt4 IHS Markit PMI™ Thu 03 Jun 2021 01:38
- Global manufacturing PMI highlighted sustained supply constraints and price pressures in May. "Sustained supply and demand gap could lead to price stickiness." Read our analysis here: Link https://t.co/9lsDeVtWFU IHS Markit PMI™ Wed 02 Jun 2021 10:22
The JPMorgan Global Manufacturing PMI, compiled by IHS Markit from its proprietary business surveys, suggested that the goods-producing sector extended its current run of expansion to eleven months. Notably, the headline PMI rose from 55.9 in April to 56.0 in May, to hit the highest level in just over 11 years.
Digging deeper into the data, the PMI sub-indicators tell a familiar story of supply side constraints in May, which continued to contribute to soaring prices. Despite it being more than a year following the initial economic upturn, the hiccups in the recovery persist.
The persistent supply constraints are a phenomenon that continues to elude global markets. Conventional wisdom following the initial COVID-19 related disruption to global supply chains had fuelled expectations that a gradual easing of the bottlenecks with improving COVID-19 conditions and mass inoculations would enable resumption of normal activities. Pent-up demand would subsequently...
- Eurozone manufacturing #PMI hits record high. "However, production growth would have been even stronger in May had it not been for record supply delays." Read our analysis here: Link https://t.co/VOYu0644HP IHS Markit PMI™ Wed 02 Jun 2021 06:47
Eurozone manufacturing continued to grow at a rate unprecedented in almost 24 years of survey history in May, but also indicated record capacity constraints. While several indicators suggest output growth will remain very strong in coming months as firms reduce backlogs of work, these indicators also highlight growing price pressures, which are currently at a record high.
The IHS Markit headline PMI broke new records for a third month in a row during May to rise to a new high of 63.1. The surging manufacturing sector adds to signs that the eurozone economy is rebounding strongly in the second quarter, especially as the upturn in May was accompanied by signs from the flash PMI of the service sector also showing renewed signs of life.
However, production growth would have been even stronger in May had it not been for record supply delays. Supply difficulties and widespread shortages of inputs are constraining output and leaving firms unable to meet demand to a...
- Eurozone manufacturing #PMI hits record high. "However, production growth would have been even stronger in May had it not been for record supply delays." Read our analysis here: Link IHS Markit PMI™ Wed 02 Jun 2021 06:32
Eurozone manufacturing continued to grow at a rate unprecedented in almost 24 years of survey history in May, but also indicated record capacity constraints. While several indicators suggest output growth will remain very strong in coming months as firms reduce backlogs of work, these indicators also highlight growing price pressures, which are currently at a record high.
The IHS Markit headline PMI broke new records for a third month in a row during May to rise to a new high of 63.1. The surging manufacturing sector adds to signs that the eurozone economy is rebounding strongly in the second quarter, especially as the upturn in May was accompanied by signs from the flash PMI of the service sector also showing renewed signs of life.
However, production growth would have been even stronger in May had it not been for record supply delays. Supply difficulties and widespread shortages of inputs are constraining output and leaving firms unable to meet demand to a...
- The ASEAN manufacturing #PMI posted the second-highest level since July 2014 but saw the rate slightly cool to 51.8 in May. Output and orders growth sustained but supplier delays seen most severe for a year. Read more: Link https://t.co/298mM5iPci IHS Markit PMI™ Wed 02 Jun 2021 00:41
- Indonesia manufacturing #PMI reached a new record of 55.3, as output and new orders surged. However both input and output price inflation sustained amid the pandemic. Read more: Link https://t.co/iJRgcdbGJr IHS Markit PMI™ Wed 02 Jun 2021 00:36
- The global manufacturing sector saw a strong upswing in production in May, as the #PMI rose again to an 11-year high of 56.0 (April: 55.9). Capacity pressures were still evident though, with price inflation surging as a result. Read more: Link https://t.co/uHSgmSLuW6 IHS Markit PMI™ Tue 01 Jun 2021 15:16
- US manufacturing growth continued to accelerate in May, according to latest #PMI data. The upturn was driven by a record expansion in new orders, while output growth strengthened. Meanwhile, supply chain disruption led to soaring cost pressures. Read more: Link https://t.co/3yrz95DESv IHS Markit PMI™ Tue 01 Jun 2021 14:01
- UK manufacturing growth boomed in May, as the #PMI rose to a record high (65.6) amid the strongest intake of new orders in nearly 3 decades. However, producers also saw supply-chain disruption, leading to soaring output costs. Read more: Link https://t.co/SoBkvGKcwN IHS Markit PMI™ Tue 01 Jun 2021 09:05
- The Eurozone Manufacturing #PMI reached a new record high of 63.1 in May, as output and new orders continued to surge. However, a record deterioration in delivery times placed even greater pressure on goods price inflation. Read more: Link https://t.co/pZJn6c7i5Z IHS Markit PMI™ Tue 01 Jun 2021 08:55
- May Germany Manufacturing data pointed to a robust expansion with the #PMI at 64.4 (April: 66.2). Growth was somewhat constrained by severe supply-chain disruption and a record increase in input prices, however. Read more: Link https://t.co/sbZdVRyAK0 IHS Markit PMI™ Tue 01 Jun 2021 08:50
- French manufacturing output grew at the sharpest rate since January 2018 in June, latest #PMI data showed, as new order growth sharpened leading to the fastest rise in backlogs since 2006. Input prices increased at the quickest pace in a decade. Read more: Link https://t.co/ryDT6n2fDr IHS Markit PMI™ Tue 01 Jun 2021 08:40
- RT @EconomicsRisk: One of the most important drivers of the above-average rise in selling price #inflation in the #US was an especially ste… IHS Markit PMI™ Thu 29 Apr 2021 12:32
- RT @EconomicsRisk: After a 9.6% year-on-year decrease in GDP, new COVID-19 cases are expected to dampen the #Phillipines economic recovery.… IHS Markit PMI™ Thu 29 Apr 2021 01:12
- Smaller UK manufacturing firms hit by #Brexit so far in 2021, PMI data suggests, contrasting with sharp export growth across large companies. Read our full analysis here: Link IHS Markit PMI™ Tue 27 Apr 2021 15:50UK PMI data show smaller firms hit by slumping exports so far in 2021, contrasting with strong export growth at large firmsBrexit trade barriers seen as key impediment to smaller firms' access to EU marketSmaller firms' optimism slips, but larger companies grow more upbeat
- Our latest #PMI research into the relative performance of cities around the world showed a sustained underperformance into 2021 amid lockdown measures, but cities forecast a much brighter outlook for the coming year. Read the full paper: Link IHS Markit PMI™ Wed 14 Apr 2021 13:40Cities around the world continued to underperform through to the first quarter of 2021Metropolises in Europe and Americas see worsening performance in March as lockdown measures tightenBut London registers most upbeat outlook for output across Q1, followed by Tokyo
- Global PMIs signal record increases in charges for goods and services during March, led by rising factory costs that are increasingly spilling over into business services. Read our full analysis here: Link IHS Markit PMI™ Wed 14 Apr 2021 09:00
Global PMI signals fastest rise in firms' input costs since 2008
Charges for goods and services both rise at steepest rates in PMI survey history
US sees sharpest price hikes, led by rising prices for consumer goods
- RT @WilliamsonChris: Both the official #GDP and #PMI data highlight how the UK economy has shown much better resilience to covid lockdowns… IHS Markit PMI™ Tue 13 Apr 2021 08:44
- London is the notable exception of our monitored cities, as both output and expectations start to outperform the rest of the UK as vaccine rollouts support confidence. Stay tuned for our next paper in mid-March, which will see a full analysis of all monitored cities. https://t.co/CEZVYitqRa IHS Markit PMI™ Fri 19 Mar 2021 11:44
- Across the private sector, growth was the fastest since August 2014 (Composite #PMI Output Index at 59.5 in Feb, up from 58.7 in Jan). Inflows of new work rose at the quickest rate for nearly three years, but cost pressures remained marked. IHS Markit PMI™ Wed 03 Mar 2021 14:52
- RT @WilliamsonChris: Join our short webcast on Thursday 4th Feb to learn more about the latest @IHSMarkitPMI data and how economies have fa… IHS Markit PMI™ Thu 04 Feb 2021 09:49
- Meanwhile, the U.S. private sector as a whole saw the fastest expansion in output since March 2015 during January, supported by sharper rises in both manufacturing and services. Ongoing supply disruptions pushed costs up, which fed through to significantly higher charges. IHS Markit PMI™ Wed 03 Feb 2021 14:58
- With the Composite Output Index down to 41.2 in January, PMI data also signals a return to recession territory at the start of 2021, albeit with a much softer decline in GDP compared to Q2 2020. https://t.co/lROUJyJMws IHS Markit PMI™ Wed 03 Feb 2021 09:53
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