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German Flash Manufacturing PMI Jumps to 58 in October

According to the preliminary manufacturing activity report from IHS/Markit research, released this Friday, a further rise in the German manufacturing output helped to support growth across the private sector in October. In fact, the flash version of the German Manufacturing PMI unexpectedly jumped to a 30-month high level of 58.0, …

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Service Activity Contracted in Germany

The service activity in the German economy recorded a contraction during October, by more than analysts’ expectations, to shift from an expansion area to a contraction. Data released by the Markit Statistics Office on Friday showed that the index of service activity in the German economy recorded 48.9 points during …

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US: ISM Manufacturing PMI Declines in September

The economic activity in the US’ manufacturing sector expanded in September than it did in August with the ISM’s Manufacturing Purchasing Managers’ Index (PMI) edging lower to 55.4 from 56. This reading came in worse than the market expectation of 56.3 Further details of the publication revealed that the Prices Paid …

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UK Manufacturing PMI Revised Down to 54.1 in September

The UK manufacturing sector activity expanded less-than-expected in September, the final report from IHS Markit confirmed this Thursday. The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was revised lower to 54.1 in August from 54.1 preliminary estimates. Rob Dobson, Director at IHS Markit, which compiles thesurvey:“September saw …

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US Markit Manufacturing PMI Edges Higher to 53.5

The business activity in the US manufacturing sector is seen expanding at a robust pace in September with the IHS Markit’s advanced Manufacturing PMI rising from 53.1 in August to 53.5. This reading came in better than the market expectation of 53.2. Further details of the publication revealed that the …

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