Tag: Purchasing Managers' Index

• Tuesday, March 31st 2020 - 08:10 UTC

  Surprising factory activity numbers in China, according to Beijing stats office

  

  Factory activity in China unexpectedly expanded in March after contracting sharply to a record low, but the rapid global spread of the coronavirus is expected to keep businesses and the overall economy under heavy pressure as foreign demand slumps.

• Saturday, August 31st 2019 - 08:55 UTC

  Factory activity in China shrinks in August for the fourth month running

  

  Factory activity in China shrank in August for the fourth month in a row, official data showed on Saturday, as the United States ramped up tariff pressure and domestic demand remained sluggish.

• Thursday, February 28th 2019 - 09:10 UTC

  China's manufacturing activity shrinks for a third straight month in February

  

  China's manufacturing activity shrank for a third straight month in February, sinking to its worst performance in three years as the economy slows and the US trade war bites, official data showed on Thursday. The Purchasing Managers' Index (PMI), a gauge of factory conditions, came in at 49.2 for the month, down from 49.5 in January, according to the National Bureau of Statistics (NBS).

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

  Brazilian manufacturing activity and staff hiring expanded in October

  

  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, August 2nd 2013 - 02:47 UTC

  Bank of England leaves rates unchanged as UK economy seems to be picking up

  

  Bank of England's Monetary Policy Committee (MPC) has left interest rates at 0.5%. The key borrowing rate has been at that level since March 2009. MPC also said it would make no change to the £375bn of monetary stimulus it is providing through its quantitative easing program (QE).