Keywords: PMI


Germany's services sector shrinks again in June as business conditions show signs of stabilizing

Germany's services sector remained in contraction for a third consecutive month in June, although the pace of decline eased as cost pressures moderated and business activity proved more resilient than initially estimated. The latest HCOB Germany Services Purchasing Managers' Index (PMI), compiled......

Canada manufacturing PMI rises as factory growth persists despite supply chain pressures

Canada's manufacturing sector maintained its growth momentum in June, extending a six-month expansion streak even as supply chain disruptions and higher input costs continued to weigh on producers. According to the latest data from S&P Global, the Canada Manufacturing Purchasing Managers'......

South African manufacturing confidence slips in June as demand weakens, Absa PMI shows

South Africa's manufacturing sector lost momentum in June as weaker customer demand led to a decline in new orders, according to the latest Absa Purchasing Managers' Index (PMI). While falling global oil prices helped improve expectations for the months ahead, overall business conditions in the......

Germany’s private sector contracts at fastest rate in 18 months, PMI signals weak growth

Private sector activity in Germany weakened further in June, reaching its lowest level in 18 months, as a prolonged downturn in the services sector weighed on overall business conditions, according to a new survey. The latest flash Composite Purchasing Managers’ Index (PMI), compiled by S&P......

South African manufacturing sentiment softens in May as demand cools, Absa PMI shows

Manufacturing activity in South Africa showed signs of easing in May as both demand and production weakened, according to the latest Purchasing Managers’ Index (PMI) released by Absa Group Limited. The seasonally adjusted PMI fell to 50.8 in May from 52.6 in April, indicating that while the sector......

Italy’s manufacturing sector faces rising cost pressures amid energy market volatility

Italy’s manufacturing sector continues to face increasing cost pressures, with production expenses rising for the fifth consecutive month in May, according to recent business survey data. The trend reflects ongoing challenges linked to global energy market volatility and broader geopolitical tensions. Manufacturers......

China’s manufacturing sector shows signs of slowing growth in May

China’s manufacturing sector experienced a slowdown in May, reflecting weaker external demand and ongoing economic challenges despite continued resilience in certain industries. Recent economic indicators suggest that factory activity remained largely unchanged, highlighting the delicate balance......

French economic activity records sharpest decline in more than five years

Economic activity in France experienced its steepest decline in more than five years during May, according to the latest PMI Flash index published by S&P Global. The data points to a significant slowdown in the country’s private sector amid rising inflation and growing economic uncertainty. The......

China’s coal powered grid shields factories amid Asian energy shock

China’s manufacturing sector expanded in April despite a global energy crisis triggered by escalating geopolitical tensions and disruptions to maritime routes. Official data showed industrial activity continuing to grow, supported by a domestic energy system heavily reliant on coal, which has insulated......