Tag: PMI
Eurozone manufacturing PMI at 48.5 in February
The euro area manufacturing purchasing managers’ index (PMI) stood at 48.5 in February, falling slightly from 48.8 in January, while the manufacturing output index nudged above the neutral mark to reach 50.1, up from 48.9 in January.
China’s manufacturing sector sees growth amid pandemic restrictions
The Caixin China General Manufacturing PMI has increased to 51.6 in February 2023 from 49.2 in January, marking the first uptick in the sector since last July and the highest reading in eight months, after an abrupt shift in COVID policy.Â
Australian manufacturing PMI sees stability amid improvement in new orders
Australia’s manufacturing sector has seen a further expansion in February amid a moderated decrease in new orders as firms worked through their outstanding orders.Â
Australian private sector continues to slow down in December
The latest Judo Bank Australia Composite PMI result marks a decline from November’s 48.0 and signals a third consecutive contraction in private sector output.Â
US manufacturing sector sees fastest PMI deterioration in December
US manufacturers have seen a steep decline in the health of the industry during the last month of 2022, according to the latest PMI...
Australian Manufacturing PMI declines to 50.2 in December— Judo Bank
Market activity in Australia’s manufacturing sector has experienced further contraction at the end of 2022, with the seasonally adjusted S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) standing at 50.2.Â
New business index drags down US PMI Composite Output in December
December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global.Â
New Zealand’s PMI contracts to 49.3 points in October
The New Zealand manufacturing industry’s market activity slipped into contraction territory in October.
China’s PMI shows manufacturing activity decline in October
The Chinese manufacturing industry’s purchasing manager index (PMI) has seen a 0.9 per cent decrease in October, indicating a shrinking market activity in the country.Â
New Zealand’s PMI dips by 2.8 points in September
New Zealand’s manufacturing industry saw a slower expansion rate in September, according to the latest BusinessNZ Performance Manufacturing Index.Â
Featured Article
Modular switchgear built for faster, verified panel builds
As switchboard builders face tighter programmes and increasing scrutiny around compliance, the way enclosure, busbar and separation concepts work together has a direct impact on build time and verification effort.
