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Montevideo, April 24th 2024 - 05:05 UTC

Tag: Markit

  • Saturday, November 3rd 2018 - 07:57 UTC

    Brazilian manufacturing activity and staff hiring expanded in October

    Brazilian goods producers hired additional staff at the beginning of the fourth quarter in the midst of attempts to stimulate production

    Manufacturing activity in Brazil expanded in October as strong demand prompted firms to increase payrolls for the first time in three months, bolstering the outlook for a steady economic recovery. The Purchasing Managers' Index calculated by research firm Markit rose to 51.1 from 50.9 in September, holding above the 50 threshold separating a contraction from an expansion for a fourth straight month.

  • Friday, December 5th 2014 - 06:45 UTC

    Bank of England leaves rates unchanged but deflation fears persist

    One factor in keeping inflation low has been the 25% fall in the oil price since the summer, which has cut fuel prices at the pump for motorists.

    UK interest rates have been held at a record low of 0.5% for another month by the Bank of England. It also decided to maintain its quantitative easing program, designed to stimulate lending in the economy, at the £375bn already spent.

  • Monday, October 6th 2014 - 11:45 UTC

    Euro zone, an economy struggling against multiple headwinds

    UK Chancellor Osborne said the weakness in the Euro zone was “probably the greatest immediate economic risk” to the UK.

    A survey measuring business activity in the Euro zone shows the economy remains “stuck in a rut”, according to the company behind the report. The Euro zone purchasing managers index (PMI) fell to 52 in September, down from an initial estimate of 52.3.