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IHS Markit PMI™
#PMI insight from the source: analysis and news from the economists who produce the PMI™ surveys @IHSMarkit. All tweets are subject to our disclaimer:
Eurozone business activity fell at a quicker rate in January, according to the latest flash PMI data. At the sector level, manufacturing growth eased, while the decline in services accelerated and was sharp overall. Read more:
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Latest PMI data pointed to a further decline in French business activity in the opening weeks of 2021. The result came amid the imposition of stricter COVID-19 curfews across large parts of the country. Read more:
Strict lockdown measures and a fall in post-Brexit exports signal a decline in GDP at the start of 2021, UK PMI figures suggest
This week sees Q4 GDP figures released and the first FOMC meeting of the year in the US. Meanwhile in Europe, there are GDP updates for Germany, France and Spain, plus UK labour market figures. Read more about key data releases in the #WeekAhead , here:
China and Japan take the spotlight in Asia Pacific this week with a slew of official data releases. GDP figures will meanwhile give insights into how Taiwan, South Korea, Hong Kong SAR and the Philippines closed off 2020. Read the #WeekAhead :
Singapore's economic outlook for 2021 is the focus of this weeks special report. Following a severe recession in 2020, prospects for 2021 are for a strong economic recovery, but downside risks from COVID-19 make the outlook uncertain. Read the #WeekAhead :
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Flash #PMI signalled a sharp downturn across the Eurozone economy in November, as countries introduced more aggressive lockdown measures. #PMI at 45.1 (Oct - 50.0), a 6-month low but still much higher than in the spring lockdown. Read more:
April 'flash' #PMI data for the eurozone highlighted an unprecedented collapse in business activity amid #COVID-19 lockdown measures. The Composite Output Index fell to a survey record low of 13.5 (29.7 in March). Read more:
Spanish manufacturers saw marked gains in output and new work during July, returning to growth territory for the first time since February. Manufacturing #PMI at 53.5 up from 49.0 in June. Read more:
COVID-19 caused the largest collapse in business activity ever recorded in the eurozone, according to our data. The Composite Output PMI fell to 31.4, falling over 20 points and signalling a quarterly contraction of approximately -2%. More:
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