Tag Manufacturing

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Manufacturing PMI Declines in the EU and UK

The final eurozone manufacturing purchasing managers’ index fell to 54.6 in May from 55.5 in April, its lowest level since November 2020, but still above the initial estimate of 54.4. The PMI index remains above the 50 mark, indicating that…

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UK Manufacturing PMI Up Slightly in April

According to S & P Global / CIPS, the UK manufacturing Purchasing Managers’ Index (PMI) rose slightly in April after falling to its weakest level in a year in March. Manufacturers are concerned about the production trend, as costs have…

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German Manufacturing PMI and Retail Sales Down

S&P Global released its final manufacturing purchasing managers’ index for April. It fell to 54.6 from 56.9 in March but was still slightly above the original estimate of 54.1. The disruption of the supply chain combined with weak demand impacted…

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China’s Manufacturing Services Sector Contracted in April

China’s National Bureau of Statistics (NBS) reported that China’s manufacturing purchasing managers’ index was 47.4 in April, down from 49.5 in March. According to NBS, the resurgence of the COVID-19 epidemic in the country has brought the factory’s production activity…

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Eurozone Manufacturing and Services PMI for March Declined

S&P Global reports that the Eurozone’s Purchasing Managers’ Index (PMI) for manufacturing and services fell to 54.9 in March from 55.5 in February, but above the initial reading of 54.5 for March. The PMI remains above 50, indicating that the…

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Final UK Manufacturing PMI Drops to 13-Month Low in March

S&P Global / CIPS reported that the UK manufacturing Purchasing Managers’ Index (PMI) fell to 55.2 in March from 58.0 in February. The PMI remains above 50, suggesting that UK manufacturing continues to expand. Manufacturing in the United Kingdom recorded…

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