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PMI

Eurozone

European economy, In Europe 25th January 2023

Eurozone activity returns to growth: composite PMI stands at 50.2 in January

CdM: This is what the PMI index data released on Tuesday by S&P Global shows. “Eurozone business activity increased slightly in the first month of 2023, signalling a hesitant return to growth after six consecutive months of decline.” Specifically, the Flash Eurozone Total Activity Composite PMI Index came in at 50.2 (49.3 in December), registering a seven-month high. This figure indicates “the first – albeit only modest – expansion in…

Global Economy

In the World 20th August 2022

US labour market is going full steam ahead

Hans-Jörg Naumer (Allianz Global Investors) | We still believe it’s quite likely that the world economy continues to grow, albeit weakly. However, in the second half of 2022, the risks of a slowdown in the short-term have substantially increased. A continued heightening of geopolitical crises and the consequent rise in the prices of energy and food, could cause a sharp decline in the European economy, already in difficulty, and even in the…

europe industry

European economy 2nd June 2021

Microchips? Lack Of Plastics, Metals, Wood…

The Eurozone’s manufacturing PMI rose in May to 63.1 points from 62.9 points in April. May’s final reading is the highest ever for this indicator. In the case of Spain, the manufacturing PMI rose to 59.4, its highest level since May 1998.

sector auto spain

European economy 2nd December 2020

Manufacturing PMIs: Second Wave Slows The Recovery Momentum

Activity slowed in November in many European countries, but remained at a relatively fast speed of expansion in most economies, except for Spain and France, where manufacturing activity contracted. Two surprises are worth mentioning: Sweden and Switzerland saw a stronger acceleration of manufacturing activity in October. 

pmi sector manufacturero marzo

World economy 25th May 2020

‘Flash’ PMIs Showed That Economic Momentum Had Bottomed Out As Economies Reopen

David A. Meier (Julius Baer) | Preliminary purchasing managers’ indices (PMIs) show that economic momentum has bottomed out from record-low levels in May, after corona-containment measures were eased. Nevertheless, levels are still in contraction territory. Even if PMIs recover to expansion in the next months, it will take some quarters until growth is restored at pre-crisis levels.

europe industry

European economy 27th January 2020

The Difficulties Of The Industrial Sector: Will There Be Contagion To Services?

CaixaBank Research | The weakness of the industrial sector, which we have recently analysed, is one of the major factors behind the slowdown in the global economy and, in particular, that of the euro area. However, the resilience exhibited by the services sector, which accounts for the bulk of economic activity,continues to drive growth and gives continuity to the expansion. But just how resilient has the services sector really proven to be? Is there a risk of contagion from industrial weakness?