Saturday, October 19

Tag: Purchasing Managers Index

Australia’s Manufacturing Sector Likely on Track for a Soft Landing, PMI Data Shows
1Jan By adminNo Comments
World

Australia’s Manufacturing Sector Likely on Track for a Soft Landing, PMI Data Shows

SYDNEY—A slowdown in Australia’s manufacturing sector continued through December, with activity contracting over the month as the broader economy lost momentum due to the impact of higher interest rates.Still, the rate of slowdown is consistent with a soft landing for manufacturers in 2024, according to Judo Bank.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s November Caixin Services PMI Rose to Three-Month High
5Dec By adminNo Comments
World

China’s November Caixin Services PMI Rose to Three-Month High

Updated Dec. 4, 2023 9:21 pm ETA private gauge of China’s services activities rose to a three-month high in November, contrasting with an official index that tumbled into contraction.The Caixin services purchasing managers index climbed to 51.5 in November from 50.4 in October, Caixin Media Co. and S&P Global said Tuesday. A reading above the 50 mark suggests activity expansion, while one below that level indicates contraction.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Manufacturing PMI Edged Lower, Signaling Continued Weakness
30Nov By adminNo Comments
World

China’s Manufacturing PMI Edged Lower, Signaling Continued Weakness

An official gauge of China’s manufacturing activity indicated contraction for a second consecutive month in November, signaling continued weakness in the economy despite Beijing’s recent efforts to juice up growth amid a protracted housing slump.China’s official manufacturing purchasing managers’ index slipped to 49.4 in November from 49.5 in October, the National Bureau of Statistics said Thursday. A reading above 50 indicates an expansion in activity while a reading below it indicates contraction.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Services sector activity in India hits 7-month low in October on softer increase in output, new business: PMI
3Nov By adminNo Comments
Business

Services sector activity in India hits 7-month low in October on softer increase in output, new business: PMI

NEW DELHI: The services sector growth in India fell to a seven-month low in October on softer increase in output and new business, amid competitive conditions and price pressures, a monthly survey said on Friday.The seasonally adjusted S&P Global India Services PMI Business Activity Index fell to 58.4 in October, from a 13-year high of 61 in September, signalling the slowest rate of expansion since March.In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.The survey is compiled from responses to questionnaires sent to a panel of around 400 service sector companies."Several companies managed to secure new contracts, but some mentioned subdued demand for their services and competitive conditions," said Pollyanna De Li...
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China Caixin Services PMI Rose for October
3Nov By adminNo Comments
World

China Caixin Services PMI Rose for October

Updated Nov. 2, 2023 10:31 pm ETA private gauge of China’s services activities edged up in October, remaining in expansionary territory for 10 months in a row as Beijing ramped up efforts to shore up economic growth.The Caixin services purchasing managers index climbed to 50.4 in October from September’s 50.2 which was the lowest of the year, Caixin Media Co. and S&P Global said Friday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Caixin Manufacturing PMI Fell Into Contraction in October
1Nov By adminNo Comments
World

China’s Caixin Manufacturing PMI Fell Into Contraction in October

Oct. 31, 2023 10:05 pm ETA private gauge of China’s factory activity fell into contraction in October, signaling continued economic headwinds despite Beijing’s recent efforts to shore up growth.The China Caixin manufacturing purchasing managers index fell to 49.5 in October, from 50.6 in September, according to data released Wednesday by Caixin Media Co. and S&P Global. The 50 mark separates activity expansion from contraction.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Economy Shows Fresh Signs of Slowing
31Oct By adminNo Comments
World

China’s Economy Shows Fresh Signs of Slowing

Updated Oct. 31, 2023 2:45 am ETSINGAPORE—China’s economy suffered a setback as surveys showed factory orders shrank and construction activity slowed, reigniting growth concerns just as activity appeared to be stabilizing.The closely watched surveys show the world’s second-largest economy isn’t out of the woods as it contends with challenges including a slowdown in growth overseas and a drawn-out property bust at home.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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