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Montevideo, January 18th 2022 - 13:53 UTC

Tag: Purchasing Managers' Index (PMI)

  • Wednesday, July 3rd 2019 - 09:23 UTC

    Brazilian manufacturing sector picks up during the second quarter

    The headline PMI index's rise to 51.0 from 50.2 marked the strongest month-on-month rebound since November

    Brazil's manufacturing sector ended the second quarter on a stronger footing, avoiding slipping into contraction territory in June and breaking a three-month run of slowing growth, a survey of purchasing managers' activity on Monday showed.

  • Saturday, December 15th 2018 - 09:20 UTC

    Euro falls on disappointing French and German economic prospects

    The December Purchasing Managers' Index (PMI) composite figure for the French economy was down sharply at 49.3, from November's reading of 54.2.

    The Euro has fallen against the dollar after disappointing French and German economic surveys dismayed the markets. In France, private sector business activity contracted for the first time in two and a half years as the “gilets Jaunes” protests took their toll.

  • Thursday, March 9th 2017 - 11:28 UTC

    Brazilian economy two-year contraction is slowing

    The Purchasing Managers Index (PMI) for Brazilian services, compiled by Markit, rose to 46.4 in February from 45.1 in January, its highest mark since March 2015.

    Brazilian services activity contracted at the slowest pace in two years in February, contributing to signs that Latin America's economy may soon turn the corner on a deep recession. The Purchasing Managers Index (PMI) for Brazilian services, compiled by research firm Markit, rose to 46.4 in February from 45.1 in January, hitting its highest mark since March 2015.

  • Tuesday, November 3rd 2015 - 12:38 UTC

    Chinese manufacturing contracts for third month running

    The most recent growth figures showed China's economy growing at 6.9%, the weakest rate since the financial crisis.

    Chinese manufacturing has contracted for the third month in a row, according to the government's latest factory survey. The Purchasing Managers' Index (PMI) showed a reading of 49.8 for October, unchanged from last month. A figure below 50 indicates that factory activity contracted.