Eurozone Manufacturing PMI fell to 54.8 in January, slightly below December’s 55.2, according to the IHS Markit press release. January’s PMI was a seventh successive month of expansion and among the highest seen over the past two-and-a-half years. Eurozone recorded growth across all the broad market groups, although the improvement in the consumer goods was … [Read more...] about Eurozone Manufacturing Growth Resilient Despite Falling Slightly in January
Manufacturing PMI
U.K Manufacturing PMI Plunged to a 3-Month Low in January
U.K Manufacturing PMI was 54.1 in January, a 3-month low, down from December’s three-year high of 57.5, according to IHS Markit press release. The January PMI level was weighed down by a decline in new order intakes and a steep reduction in input stocks caused by COVID-19 restrictions. Manufacturing output increased for the eighth successive month in January, … [Read more...] about U.K Manufacturing PMI Plunged to a 3-Month Low in January
U.S. Records 3.2% Rises in Manufacturing PMI in December
U.S. December Manufacturing PMI registered 60.7%, up 3.2% from November reading of 57.5%, according to press release. The figure reflects an expansion in the overall economy for eight months in a row, offsetting contractions in March, April, and May. The New Orders Index was 67.9%, up 2.8% from November’s reading of 65.1%The Production Index was 64.8%, up 4% from … [Read more...] about U.S. Records 3.2% Rises in Manufacturing PMI in December
