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PMI® Commentary and Analysis

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Insights from our monthly Purchasing Managers’ Index™ (PMI®) survey data enable financial and corporate professionals to better understand where economies and markets are headed and uncover opportunities

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Featured
Economics Commentary 22 hours ago

Week Ahead Economic Preview: Week of 26 May 2025

Economics Commentary Yesterday

US prices spike higher in May as tariff impact hits, but confidence also rebounds

Economics Commentary Yesterday

UK flash PMI shows downturn moderating after April's slump, with price pressures also cooling

Economics Commentary Yesterday

Flash eurozone PMI slips into contraction territory despite uplift from manufacturing

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  1. Week Ahead Economic Preview: Week of 26 May 2025

    23 May 2025 Jingyi Pan Chris Williamson

    The following is an extract from S&P Global Market Intelligence’s latest Week Ahead Economic Preview. For the full report, please click on the...

    • Purchasing Managers’ Index (PMI)
  2. US prices spike higher in May as tariff impact hits, but confidence also rebounds

    22 May 2025 Chris Williamson

    The early flash PMI data indicate that business confidence has improved in May from the worrying slump seen in April, with gloom about prospects...

    • Purchasing Managers’ Index (PMI)
  3. UK flash PMI shows downturn moderating after April's slump, with price pressures also cooling

    22 May 2025 Chris Williamson

    After an 'awful April', business reported a milder May. Business confidence has rebounded from April's recent low, which had seen confidence...

    • Purchasing Managers’ Index (PMI)
  4. Flash eurozone PMI slips into contraction territory despite uplift from manufacturing

    22 May 2025 Chris Williamson

    The flash PMI survey data showed the eurozone business activity slipping into decline in May

    • Purchasing Managers’ Index (PMI)
  5. UK labour market under pressure as demand weakens and staff costs rise

    20 May 2025 Phil Smith Maryam Baluch

    S&P Global PMI data showed UK employment falling for a seventh straight month in April, signalling a sustained deterioration in the country’s...

    • Purchasing Managers’ Index (PMI)
  6. Jobs cuts seen in Canada amid spike in uncertainty

    20 May 2025 Maryam Baluch

    Recent PMI data has highlighted growing concerns regarding the Canadian economy and labour market

    • Purchasing Managers’ Index (PMI)
  7. UK first quarter GDP growth spurt set to fade

    15 May 2025 Chris Williamson

    Official data showed the UK economy enjoying a growth surge in the first quarter, but recent years have seen similar strong periods of growth...

    • Purchasing Managers’ Index (PMI)
  8. Week Ahead Economic Preview: Week of 19 May 2025

    15 May 2025 Jingyi Pan Chris Williamson

    The following is an extract from S&P Global Market Intelligence’s latest Week Ahead Economic Preview. For the full report, please click on the...

    • Purchasing Managers’ Index (PMI)
  9. Eurozone employment edges higher in April despite worsening outlook

    14 May 2025 Phil Smith

    Latest PMI data showed employment rising across the eurozone for the second month running in April, albeit marginally, despite trade-related...

    • Purchasing Managers’ Index (PMI)
  10. New tariff trackers reveal hit to global exports and inflationary pressures in April

    12 May 2025 David Owen

    New data demonstrate how the additional US tariffs announced on April 2 have had a sizeable impact on global economic conditions, with exports...

    • Purchasing Managers’ Index (PMI)
  11. Global labour market risks tilt to the downside as business confidence plunges

    09 May 2025 Phil Smith

    Global PMI data indicated that worldwide employment was unchanged in April

    • Purchasing Managers’ Index (PMI)
  12. Week Ahead Economic Preview: Week of 12 May 2025

    09 May 2025 Jingyi Pan Chris Williamson

    US inflation, retail sales and industrial production will provide important insights into economic trends in April, alongside updates consumer...

    • Purchasing Managers’ Index (PMI)
  13. Goods producers in Asia signal sharp loss of export momentum

    08 May 2025 Usamah Bhatti

    Worldwide manufacturing business conditions deteriorated in April for the first time since the end of 2024, according to PMI survey data

    • Purchasing Managers’ Index (PMI)
  14. Monthly PMI Bulletin: May 2025

    08 May 2025 Jingyi Pan

    Although an expansion of global output was sustained in April, exports and optimism declined while employment stalled following the announcement...

    • Purchasing Managers’ Index (PMI)
  15. Global trade declines at sharpest pace in over two years

    07 May 2025 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade conditions deteriorated...

    • Purchasing Managers’ Index (PMI)
  16. Global PMI at 17-month low as future expectation hit lowest since early pandemic months

    07 May 2025 Chris Williamson

    The worldwide PMI surveys - produced S&P Global in association with ISM and IFPSM for J.P.Morgan - signalled deteriorating economic conditions...

    • Purchasing Managers’ Index (PMI)
  17. Emerging markets growth slows while confidence slips to near five-year low

    07 May 2025 Jingyi Pan

    Emerging market growth decelerated in April for the first time in three months, according to the latest PMI data

    • Purchasing Managers’ Index (PMI)
  18. Week Ahead Economic Preview: Week of 5 May 2025

    02 May 2025 Chris Williamson

    Services PMI numbers are updated around the world to provide updated guidance on growth and inflation trends, and set the scene for FOMC and...

    • Purchasing Managers’ Index (PMI)
  19. April's manufacturing PMI data reveal worsening global trade, confidence and inflation trends

    02 May 2025 Chris Williamson

    Worldwide manufacturing business conditions deteriorated for the first time since the end of last year, according to April's PMI survey data...

    • Purchasing Managers’ Index (PMI)
  20. UK manufacturers report steepest job and export losses of all economies surveyed by PMI data

    02 May 2025 Chris Williamson

    UK manufacturers report steepest job and export losses of all economies surveyed by PMI data, and also see highest selling price inflation

    • Purchasing Managers’ Index (PMI)
  21. Week Ahead Economic Preview: Week of 28 April 2025

    25 April 2025 Chris Williamson Jingyi Pan

    Edit Blog RE-PUBLISH Last Published 4/25/2025 6:30:34 AM By Tridion Admin ECONOMICS COMMENTARY Apr 25, 2025 Week Ahead Economic Preview: Week...

    • Purchasing Managers’ Index (PMI)
  22. Developed world output growth hits lowest since 2023 as confidence slumps, according to April flash PMI data

    24 April 2025 Chris Williamson

    The flash PMI data compiled by S&P Global Market Intelligence indicated that business output among the G4 largest developed economies rose at...

    • Purchasing Managers’ Index (PMI)
  23. Flash eurozone PMI heralds gloomier outlook as confidence slumps

    23 April 2025 Chris Williamson

    The flash PMI survey data showed the eurozone economy struggling to expand in April, with business confidence also sinking to its lowest for...

    • Purchasing Managers’ Index (PMI)
  24. US business growth hits lowest since late-2023, confidence slumps and prices move higher

    23 April 2025 Chris Williamson

    The early flash PMI data for April point to a marked slowing of business activity growth at the start of the second quarter, accompanied by a...

    • Purchasing Managers’ Index (PMI)
  25. Flash UK PMI flags renewed economic downturn risks

    23 April 2025 Chris Williamson

    While recent months have been characterised by UK businesses treading water, firms are reporting more of a struggle to keep their heads above...

    • Purchasing Managers’ Index (PMI)
  26. Business confidence in Japan eases to near five-year low despite renewal of output growth

    23 April 2025 Jingyi Pan

    Japan's private sector output returned to expansion in April after contracting at the end of the first quarter of the year, according to the...

    • Purchasing Managers’ Index (PMI)
  27. Trade uncertainty drives down production in Canada and Mexico

    17 April 2025 Andrew Harker

    Edit Blog PUBLISH NOT LIVE ECONOMICS COMMENTARY Apr 17, 2025 Trade uncertainty drives down production in Canada and Mexico Andrew Harker The...

    • Purchasing Managers’ Index (PMI)
  28. Week Ahead Economic Preview: Week of 21 April 2025

    17 April 2025 Jingyi Pan

    Flash PMI data for April will be anticipated midweek for insights into changes in economic conditions and sentiment across major developed economies...

    • Purchasing Managers’ Index (PMI)
  29. Global manufacturing sectors struggle in opening quarter of 2025 amid strengthening headwinds

    14 April 2025 Sian Jones

    The latest S&P Global Sector PMI data indicated a challenging end to the first quarter of the year among manufacturing-based sectors, with services...

  30. Week Ahead Economic Preview: Week of 14 April 2025

    11 April 2025 Jingyi Pan Chris Williamson

    As markets grapple with implications from changing tariff news, the reaction from central banks including the Bank of Canada and ECB will be...

    • Purchasing Managers’ Index (PMI)
  31. Monthly PMI Bulletin: April 2025

    11 April 2025 Jingyi Pan

    Although the global economic expansion regained some momentum in March amid improvements in the service sector, business optimism fell and cost...

    • Purchasing Managers’ Index (PMI)
  32. Emerging markets growth accelerates as selling prices rise at slowest pace in nearly two years

    11 April 2025 Jingyi Pan

    Emerging market growth accelerated into the end of the first quarter of 2025, according to the latest PMI data, as services activity expanded...

    • Purchasing Managers’ Index (PMI)
  33. Tracking tariff impact via the PMI: Assessing US inflationary trends through PMI indicators

    10 April 2025 David Owen

    The US PMI data for March signalled that tariffs are already having a notable impact on companies' input costs, especially manufacturers, who...

  34. Global trade steady ahead of tariff announcements

    09 April 2025 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade expanded fractionally...

    • Purchasing Managers’ Index (PMI)
  35. Week Ahead Economic Preview: Week of 7 April 2025

    04 April 2025 Chris Williamson Jingyi Pan

    Edit Blog RE-PUBLISH Last Published 4/4/2025 6:15:24 AM By Tridion Admin ECONOMICS COMMENTARY Apr 04, 2025 Week Ahead Economic Preview: Week...

    • Purchasing Managers’ Index (PMI)
  36. Global PMI signals stronger growth in March but future sentiment slumps lower

    04 April 2025 Chris Williamson

    The worldwide PMI surveys - produced S&P Global in association with ISM and IFPSM for J.P.Morgan - recorded faster global output growth in March...

    • Purchasing Managers’ Index (PMI)
  37. US PMI signals slower first quarter expansion amid rising prices

    04 April 2025 Chris Williamson

    S&P Global's PMI survey data for the US indicated a faster rate of output growth in March, but the overall upturn remained modest to round off...

    • Purchasing Managers’ Index (PMI)
  38. US sees highest manufacturing input price inflation worldwide in March, accompanied by falling output across North America

    03 April 2025 Chris Williamson

    Manufacturing output fell across North America in March at one of the steepest rates seen over the past two years, according to PMI survey data...

    • Purchasing Managers’ Index (PMI)
  39. Top five economic takeaways from March's manufacturing PMI data as tariff worries intensify

    01 April 2025 Chris Williamson

    The global manufacturing sector remained only just in expansion territory in March. While signalling improved economic conditions for a third...

    • Purchasing Managers’ Index (PMI)
  40. Week Ahead Economic Preview: Week of 31 March 2025

    28 March 2025 Jingyi Pan Chris Williamson

    Markets will be busy in the coming week assessing new tariff announcements from the US as well as worldwide PMI survey data covering both manufacturing...

    • Purchasing Managers’ Index (PMI)
  41. Flash PMI data show developed world output growth edges higher in March, but confidence lowest since November 2022

    27 March 2025 Chris Williamson

    The flash PMI data compiled by S&P Global Market Intelligence indicated that business output among the G4 largest developed economies rose at...

    • Purchasing Managers’ Index (PMI)
  42. Flash PMI data show developed world output growth edges higher in March, but confidence lowest since November 2022

    25 March 2025 Chris Williamson

    The flash PMI data compiled by S&P Global Market Intelligence indicated that business output among the G4 largest developed economies rose at...

    • Purchasing Managers’ Index (PMI)
  43. Flash eurozone PMI signals return to growth for manufacturing in March

    24 March 2025 Chris Williamson

    The flash PMI® survey data showed the eurozone economy expanding marginally at the end of the first quarter, putting the region on course for...

    • Purchasing Managers’ Index (PMI)
  44. Flash UK PMI rises to six-month high in March amid stronger service sector expansion

    24 March 2025 Chris Williamson

    An upturn in business activity in March brings some good news for the government ahead of the Chancellor’s Spring Statement

    • Purchasing Managers’ Index (PMI)
  45. Japan flash PMI signals steepest output fall for three years as confidence hits lowest since August 2020

    24 March 2025 Jingyi Pan

    Japan's private sector output fell in March for the first time since last October, according to the flash PMI, dropping at the sharpest rate...

    • Purchasing Managers’ Index (PMI)
  46. Week Ahead Economic Preview: Week of 24 March 2025

    21 March 2025 Jingyi Pan Chris Williamson

    Flash PMI data for March will be released Monday, setting the scene for economic conditions in the major developed economies as businesses react...

    • Purchasing Managers’ Index (PMI)
  47. Week Ahead Economic Preview: Week of 17 March 2025

    17 March 2025 Chris Williamson Jingyi Pan

    Edit Blog RE-PUBLISH Last Published 3/17/2025 2:30:52 AM By Tridion Admin ECONOMICS COMMENTARY Mar 17, 2025 Week Ahead Economic Preview: Week...

    • Purchasing Managers’ Index (PMI)
  48. Trade uncertainty drives down production in Canada and Mexico

    14 March 2025 Pollyanna De Lima Andrew Harker

    The swathe of announcements regarding trade policy in recent months has begun to impact business performance across North America, as shown by...

    • Purchasing Managers’ Index (PMI)
  49. Equities, sentiment and the real economy

    11 March 2025 Chris Williamson

    US equity prices have dropped sharply from their all-time high on February 19th, reflecting a significant shift in investor sentiment

    • Purchasing Managers’ Index (PMI)
  50. Monthly PMI Bulletin: March 2025

    11 March 2025 Jingyi Pan

    The global economic expansion slowed for a second successive month in March with decelerating services offsetting improvements in the goods producing...

    • Purchasing Managers’ Index (PMI)
  51. Emerging market growth accelerates amid rising export orders

    11 March 2025 Jingyi Pan

    Emerging markets expanded at an accelerated rate in February, according to the latest PMI data, contrasting with the softer global trend.

    • Purchasing Managers’ Index (PMI)
  52. Global manufacturing revival helps offset service sector slowdown, but questions remain over sustainability of factory upturn amid tariff impact

    10 March 2025 Chris Williamson

    The detailed sector data behind the worldwide PMI surveys produced S&P Global reveal how a manufacturing revival in February has helped offset...

    • Purchasing Managers’ Index (PMI)
  53. Week Ahead Economic Preview: Week of 10 March 2025

    07 March 2025 Jingyi Pan Chris Williamson

    US inflation data will be a key highlight of the week’s data flow, alongside GDP updates in Japan and the UK, eurozone industrial production...

    • Purchasing Managers’ Index (PMI)
  54. Global employment falls as developed world job losses reach highest since July 2020

    06 March 2025 Chris Williamson

    A combination of slower current demand growth and diminished optimism about the year ahead caused companies worldwide to trim their headcounts...

    • Purchasing Managers’ Index (PMI)
  55. Global PMI falls to 14-month low in February as demand growth weakens

    06 March 2025 Chris Williamson

    The worldwide PMI surveys – produced S&P Global in association with ISM and IFPSM for J.P.Morgan – recorded the slowest output growth for 14...

    • Purchasing Managers’ Index (PMI)
  56. Global trade near-stabilises in February

    06 March 2025 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that the recent contraction of global...

    • Purchasing Managers’ Index (PMI)
  57. Top five economic takeaways from February manufacturing PMI data as global output growth accelerates and sentiment improves

    04 March 2025 Chris Williamson

    The global manufacturing sector moved further into expansion territory in February, signalling improving economic conditions.

    • Purchasing Managers’ Index (PMI)
  58. Week Ahead Economic Preview: Week of 3 March 2025

    28 February 2025 Jingyi Pan Chris Williamson

    The week brings a wealth of economic data to assess global economic conditions, including US nonfarm payrolls and worldwide PMI surveys, while...

    • Purchasing Managers’ Index (PMI)
  59. Week Ahead Economic Preview: Week of 24 February 2025

    21 February 2025 Jingyi Pan Chris Williamson

    The following is an extract from S&P Global Market Intelligence’s latest Week Ahead Economic Preview. For the full report, please click on the...

    • Purchasing Managers’ Index (PMI)
  60. US economic growth falters and goods prices spike higher, according to flash PMI surveys

    21 February 2025 Chris Williamson

    A key development evident in the February flash PMIs was a sharp slowing of business growth in the US, accompanied by rising goods prices. Companies...

    • Purchasing Managers’ Index (PMI)
  61. Flash UK PMI indicates further steep job losses amid stalled growth and rising costs

    21 February 2025 Chris Williamson

    Early PMI survey data for February indicate that business activity remained largely stalled for a fourth successive month, with job losses mounting...

    • Purchasing Managers’ Index (PMI)
  62. Japan's private sector growth accelerates but confidence slips to lowest for over four-years

    21 February 2025 Jingyi Pan

    Japan's private sector output growth accelerated for a third straight month in February, according to the flash PMI

    • Purchasing Managers’ Index (PMI)
  63. Flash eurozone PMI top five takeaways: Economy ekes out marginal growth as manufacturing downturn eases

    21 February 2025 Chris Williamson

    The flash PMI survey data showed the eurozone economy barely expanding midway through the first quarter, putting the region on course for another...

    • Purchasing Managers’ Index (PMI)
  64. Week Ahead Economic Preview: Week of 17 February 2025

    14 February 2025 Jingyi Pan Chris Williamson

    Flash PMI data will provide the first insights into how business conditions have fared around the world in response to recent tariff announcements....

    • Purchasing Managers’ Index (PMI)
  65. Monthly PMI Bulletin: February 2025

    13 February 2025 Jingyi Pan

    Edit Blog RE-PUBLISH Last Published 2/13/2025 3:00:16 AM By Tridion Admin ECONOMICS COMMENTARY Feb 13, 2025 Monthly PMI Bulletin: February 2025...

    • Purchasing Managers’ Index (PMI)
  66. Tariffs and trade conflicts: How the PMIs can help you navigate a changing world

    13 February 2025 David Owen

    Edit Blog PUBLISH NOT LIVE ECONOMICS COMMENTARY Feb 13, 2025 Tariffs and trade conflicts: How the PMIs can help you navigate a changing world...

    • Purchasing Managers’ Index (PMI)
  67. Global trade contraction eases at the start of 2025

    11 February 2025 Jingyi Pan

    The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that the recent contraction of global...

    • Purchasing Managers’ Index (PMI)
  68. Emerging market growth softens at the start of 2025 as firms shed staff

    11 February 2025 Jingyi Pan

    Emerging markets expanded at a slower rate in the opening month of 2025, in line with a softening global growth trend.

    • Purchasing Managers’ Index (PMI)
  69. Global PMI slips at start of 2025 but optimism and employment trend higher

    10 February 2025 Chris Williamson

    The worldwide PMI survey – produced S&P Global in association with ISM and IFPSM for J.P.Morgan – recorded the slowest output growth for eight...

  70. Week Ahead Economic Preview: Week of 10 February 2025

    10 February 2025 Jingyi Pan Chris Williamson

    The focus shifts to US inflation in the coming week amid updates to CPI data and a speech by Fed Chair Powell. The UK's growth trajectory also...

    • Purchasing Managers’ Index (PMI)
  71. Tracking tariff impact via the PMI: Assessing changing manufacturing performance through PMI indicators

    05 February 2025 Chris Williamson

    Manufacturing PMI data for January were collected worldwide from 08 to 31 January, straddling the inauguration of Donald Trump as the 47th president...

    • Purchasing Managers’ Index (PMI)
  72. Top five economic takeaways from December's manufacturing PMI data as factory conditions stabilise amid improved US performance

    04 February 2025 Chris Williamson

    The global manufacturing sector nudged into expansion territory by the narrowest of margins in January.

    • Purchasing Managers’ Index (PMI)
  73. Week Ahead Economic Preview: Week of 3 February 2025

    31 January 2025 Jingyi Pan Chris Williamson

    The coming week opens with global PMI surveys and closes with the US monthly employment report, collectively providing some key insights into...

    • Purchasing Managers’ Index (PMI)
  74. Flash PMI data underscore sustained US outperformance among developed economies

    27 January 2025 Chris Williamson

    The flash PMI data compiled by S&P Global Market Intelligence indicated that the US economy continued to outperform relative to other major developed...

    • Purchasing Managers’ Index (PMI)
  75. Week Ahead Economic Preview: Week of 27 January 2025

    24 January 2025 Jingyi Pan Chris Williamson

    Monetary policy meetings from the FOMC and ECB are eagerly awaited for guidance on rate paths in 2025

    • Purchasing Managers’ Index (PMI)
  76. Flash PMI signals buoyant US business optimism at start of 2025

    24 January 2025 Chris Williamson

    US businesses are starting 2025 in an upbeat mood on hopes that the new administration will help drive stronger economic growth. Expectations...

    • Purchasing Managers’ Index (PMI)
  77. Flash eurozone PMI top five takeaways: Economy steadies at start of 2025 as confidence revives in manufacturing

    24 January 2025 Chris Williamson

    The flash PMI® survey data showed the eurozone economy edging back into growth territory at the start of 2025, hinting at some stabilisation...

    • Purchasing Managers’ Index (PMI)
  78. Flash UK PMI signals stalled economy and steep job cuts amid further loss of confidence, while price pressures spike higher

    24 January 2025 Chris Williamson

    The flash PMI data for January indicate that the UK economy remained largely stalled at the start of 2025

    • Purchasing Managers’ Index (PMI)
  79. Japan's private sector growth accelerates amid deepening sector divergence

    24 January 2025 Jingyi Pan

    Japan’s private sector growth accelerated for a second successive month at the start of 2025. That said, the improvement masked a deepening sector...

    • Purchasing Managers’ Index (PMI)
  80. PMI output and prices indices provide insights into 10-year benchmark bond yields

    22 January 2025 Jingyi Pan Chris Williamson

    S&P Global PMI data provide insights into a range of economic indicators including growth, inflation and business confidence, which are among...

    • Purchasing Managers’ Index (PMI)
  81. Monthly PMI Bulletin: January 2025

    21 January 2025 Jingyi Pan

    Edit Blog RE-PUBLISH Last Published 1/21/2025 3:00:27 AM By Tridion Admin ECONOMICS COMMENTARY Jan 21, 2025 Monthly PMI Bulletin: January 2025...

    • Purchasing Managers’ Index (PMI)
  82. Loss of confidence in January adds to UK economic outlook risks

    20 January 2025 Chris Williamson

    Consumer confidence soured further at the start of 2025, according to S&P Global's Consumer Sentiment Index (CSI)

    • Purchasing Managers’ Index (PMI)
  83. Week Ahead Economic Preview: Week of 20 January 2025

    17 January 2025 Jingyi Pan Chris Williamson

    In a week leading up to the inauguration of Donald Trump as the new US President, we will publish the January flash PMI data to help shed light...

    • Purchasing Managers’ Index (PMI)
  84. Singapore economic activity expands at softest pace for 17 months into end 2024

    16 January 2025 Jingyi Pan

    The S&P Global Singapore PMI – covering the whole economy, including manufacturing, services and construction sectors – indicated that private...

    • Purchasing Managers’ Index (PMI)
  85. Emerging market growth ticks lower at end of 2024 as manufacturing expansion slows

    10 January 2025 Jingyi Pan

    Emerging markets remained in growth territory in the closing month of 2024, albeit with the rate of growth being the softest recorded over the...

    • Purchasing Managers’ Index (PMI)
  86. Week Ahead Economic Preview: Week of 13 January 2025

    10 January 2025 Jingyi Pan Chris Williamson

    Markets will be eager to assess updated inflation data for some of the world’s largest economies in the coming week, seeking clues as to the...

    • Purchasing Managers’ Index (PMI)
  87. Worldwide PMI survey data signal stubborn services sector price pressures

    08 January 2025 Chris Williamson

    The worldwide PMI surveys indicated a small uplift in global selling price pressures at the end of 2024

    • Purchasing Managers’ Index (PMI)
  88. Global trade contraction accelerates at the end of 2024 amid falling goods export orders

    08 January 2025 Jingyi Pan

    The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that the contraction of global trade...

    • Purchasing Managers’ Index (PMI)
  89. Global economic growth closes 2024 on four-month high but future optimism wanes

    07 January 2025 Chris Williamson

    The worldwide PMI survey - produced S&P Global in association with ISM and IFPSM for J.P.Morgan - registered the strongest global economic growth...

    • Purchasing Managers’ Index (PMI)
  90. US economy ends 2024 on a high as output growth accelerates

    07 January 2025 Chris Williamson

    The US economy ended 2024 on a high according to the latest business surveys. Business activity in the vast services economy surged higher in...

    • Purchasing Managers’ Index (PMI)
  91. Top five economic takeaways from December's manufacturing PMI data as factory conditions worsen

    06 January 2025 Chris Williamson

    The global manufacturing sector fell back into decline in December, having stabilised in November, meaning business conditions have deteriorated...

    • Purchasing Managers’ Index (PMI)
  92. Week Ahead Economic Preview: Week of 23 December 2024

    20 December 2024 Jingyi Pan Chris Williamson

    A final "Week Ahead" of the year underscores the extent to which data releases will be eyed for divergences between the US economy and the rest...

    • Purchasing Managers’ Index (PMI)
  93. Flash PMI data shows US economic outperformance widening in December

    17 December 2024 Chris Williamson

    The flash PMI data compiled by S&P Global Market Intelligence indicated that the US economy’s outperformance widening relative to other major...

    • Purchasing Managers’ Index (PMI)
  94. Flash PMI signals US economy ending 2024 on strong note as output surges higher

    16 December 2024 Chris Williamson

    Business is booming in the US services economy, according to the S&P Global flash PMI, which showed output growing at the sharpest rate since...

    • Purchasing Managers’ Index (PMI)
  95. Flash UK PMI signals heightened economic downturn risk amid falling employment and rising inflation

    16 December 2024 Chris Williamson

    The flash PMI data for December indicate that the UK economy remained largely stalled at the end of 2024

    • Purchasing Managers’ Index (PMI)
  96. Flash eurozone PMI top five takeaways: Economy contracts for second successive month

    16 December 2024 Chris Williamson

    The flash PMI® survey data for December showed the eurozone economy contracting for a second successive month.

    • Purchasing Managers’ Index (PMI)
  97. Japan's private sector growth remains subdued and uneven while inflation intensifies

    16 December 2024 Jingyi Pan

    Japan's private sector expanded at the most pronounced pace in three months, albeit growing only modestly and with a deepening sector divergence....

    • Purchasing Managers’ Index (PMI)
  98. Week Ahead Economic Preview: Week of 16 December 2024

    13 December 2024 Jingyi Pan Chris Williamson

    A clutch of high-profile central bank meetings in the coming week is accompanied by a slew of tier-one data releases to provide guidance on economic...

    • Purchasing Managers’ Index (PMI)
  99. How to interpret and use the PMI Orders to Inventories ratio

    11 December 2024 Eleanor Dennison

    The orders to inventories ratio is a metric derived using monthly manufacturing PMI indices complied by S&P Global Market Intelligence

    • Purchasing Managers’ Index (PMI)
  100. PMI survey response rates: Survey response rates continue to average 73%, in line with pre-pandemic averages

    11 December 2024 Chris Williamson

    The total number of S&P Global PMI survey panels has risen from just one in 1992 to 70 at present, with more panels currently being constructed....

    • Purchasing Managers’ Index (PMI)
  101. Emerging market growth accelerates amid fastest rise in exports for six months

    11 December 2024 Jingyi Pan

    Emerging market economic growth accelerated in the penultimate month of the year, according to S&P Global's PMI surveys.

    • Purchasing Managers’ Index (PMI)
  102. Monthly PMI Bulletin: December 2024

    11 December 2024 Chris Williamson Jingyi Pan

    Edit Blog RE-PUBLISH Last Published 12/11/2024 2:17:28 AM By Tridion Admin ECONOMICS COMMENTARY Dec 11, 2024 Monthly PMI Bulletin: December...

    • Purchasing Managers’ Index (PMI)
  103. Manufacturing weakness spills through to labour market

    10 December 2024 Sian Jones

    The divergence in fortunes between the global manufacturing and services sectors through large swathes of 2024 has continued to impact hiring...

    • Purchasing Managers’ Index (PMI)
  104. Global trade shrinks in November amidst a reduction in goods export orders

    06 December 2024 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade continued to decline...

    • Purchasing Managers’ Index (PMI)
  105. Week Ahead Economic Preview: Week of 9 December 2024

    06 December 2024 Jingyi Pan Chris Williamson

    The coming week sees a clutch of central bank meetings including in Brazil, Canada, Australia, Taiwan and Switzerland, as well as in the eurozone....

    • Purchasing Managers’ Index (PMI)
  106. PMI surveys point to robust global growth in November, but Europe falters as US outperforms

    05 December 2024 Chris Williamson

    The worldwide PMI survey - produced S&P Global in association with ISM and IFPSM for J.P.Morgan - indicated robust global economic growth in...

    • Purchasing Managers’ Index (PMI)
  107. Top five economic takeaways from November's manufacturing PMI data as tariffs loom

    03 December 2024 Chris Williamson

    The global manufacturing sector stabilised in November after four months of modest declines

    • Purchasing Managers’ Index (PMI)
  108. Using the Global PMI instead of GDP as a macro indicator for investing

    29 November 2024 Chris Williamson

    PMI survey data offer investors an indicator of economic growth conditions which is historically more highly correlated with equity market prices...

    • Purchasing Managers’ Index (PMI)
  109. Week Ahead Economic Preview: Week of 2 December 2024

    29 November 2024 Jingyi Pan Chris Williamson

    The coming week is top and tailed with manufacturing PMI surveys and the US nonfarm payroll report, interspersed with a slew of data to guide...

    • Purchasing Managers’ Index (PMI)
  110. Tariffs and trade conflicts: How the PMIs can help you navigate a changing world

    25 November 2024 David Owen

    Edit Blog PUBLISH NOT LIVE ECONOMICS COMMENTARY Feb 13, 2025 Tariffs and trade conflicts: How the PMIs can help you navigate a changing world...

    • Purchasing Managers’ Index (PMI)
  111. New Era of Protectionism: PMI® Trade Trends to Watch

    25 November 2024 David Owen

    Edit Blog PUBLISH NOT LIVE ECONOMICS COMMENTARY Nov 25, 2024 New Era of Protectionism: PMI® Trade Trends to Watch David Owen The re-election...

    • Purchasing Managers’ Index (PMI)
  112. Week Ahead Economic Preview: Week of 25 November 2024

    25 November 2024 Jingyi Pan Chris Williamson

    Inflation data for the US and Eurozone will be key themes to watch amid speculation on rate cuts in December, as survey data hint at a widening...

    • Purchasing Managers’ Index (PMI)
  113. US outperformance widens in November as output surge contrasts with decline in Europe

    22 November 2024 Chris Williamson

    The flash PMI data compiled by S&P Global Market Intelligence showed the US building further on its recent outperformance among its developed...

    • Purchasing Managers’ Index (PMI)
  114. Flash UK PMI falls into contraction territory as outlook gloom deepens

    22 November 2024 Chris Williamson

    The first survey on the health of the economy after the Budget makes for gloomy reading

    • Purchasing Managers’ Index (PMI)
  115. Flash eurozone PMI top takeaways: Economy falls into decline in November

    22 November 2024 Chris Williamson

    The flash PMI® survey data for November showed the eurozone economy falling back into contraction

    • Purchasing Managers’ Index (PMI)
  116. Japan's private sector output declines in November as inflation intensifies

    22 November 2024 Jingyi Pan

    Japan's private sector activity remained in slight contraction territory in the penultimate month of the year as new orders stagnated and external...

    • Purchasing Managers’ Index (PMI)
  117. How to interpret and use the Productivity PMI

    19 November 2024 Eleanor Dennison

    The Productivity PMI from S&P Global Market Intelligence is a measure of labour efficiency and therefore a key determinant of corporate profitability...

    • Purchasing Managers’ Index (PMI)
  118. Week Ahead Economic Preview: Week of 18 November 2024

    15 November 2024 Jingyi Pan Chris Williamson

    The first indications of economic trends in the world’s major economies after the US Presidential Election will be eagerly awaited from the November...

    • Purchasing Managers’ Index (PMI)
  119. Monthly PMI Bulletin: November 2024

    12 November 2024 Jingyi Pan

    The global economic expansion accelerated in October amid quicker service sector expansions while manufacturing output stabilised.

    • Purchasing Managers’ Index (PMI)
  120. Emerging market growth accelerates but employment weakens

    08 November 2024 Jingyi Pan

    Emerging market economic growth rebounded at the start of the final quarter of the year, according to S&P Global's PMI surveys.

    • Purchasing Managers’ Index (PMI)
  121. Week Ahead Economic Preview: Week of 11 November 2024

    08 November 2024 Jingyi Pan Chris Williamson

    The future paths of central bank interest rates have become blurred with the prospect of radically different US policy under Trump 2.0, but updates...

    • Purchasing Managers’ Index (PMI)
  122. Global PMI selling price inflation at four-year low in October

    07 November 2024 Chris Williamson

    The worldwide PMI surveys showed average prices charged for goods and services rising globally at the slowest rate recorded for four years in...

    • Purchasing Managers’ Index (PMI)
  123. Global trade remains in contraction at start of fourth quarter

    07 November 2024 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade in goods and services...

    • Purchasing Managers’ Index (PMI)
  124. PMI surveys record faster global economy growth in October as confidence revives

    06 November 2024 Chris Williamson

    Worldwide PMI survey signalled faster economic growth in October, albeit driven by the service sector - and especially financial services

    • Purchasing Managers’ Index (PMI)
  125. Top five economic takeaways from October's PMI as global manufacturing downturn eases

    04 November 2024 Chris Williamson

    The global manufacturing downturn persisted into October, but the rate of decline moderated

    • Purchasing Managers’ Index (PMI)
  126. Week Ahead Economic Preview: Week of 4 November 2024

    01 November 2024 Jingyi Pan Chris Williamson

    Markets in the coming week will be dominated by Tuesday’s US Presidential Election, though there are plenty of other economic events to note....

    • Purchasing Managers’ Index (PMI)
  127. Week Ahead Economic Preview: Week of 28 October 2024

    25 October 2024 Jingyi Pan Chris Williamson

    The coming week is crowded with economic data that will add to a market already jugging the earnings season and speculation around the US Presidential...

    • Purchasing Managers’ Index (PMI)
  128. Developed economy growth slips to six-month low, prices rise at slowest rate for four years

    24 October 2024 Chris Williamson

    The flash PMI data compiled by S&P Global Market Intelligence signaled sustained growth as measured collectively among the world's major developed...

    • Purchasing Managers’ Index (PMI)
  129. Flash UK October PMI signals slower economic growth and smallest rise in costs for nearly four years

    24 October 2024 Chris Williamson

    Business activity growth has slumped to its lowest for nearly a year in October as gloomy government rhetoric and uncertainty ahead of the Budget...

    • Purchasing Managers’ Index (PMI)
  130. Flash eurozone PMI top five takeaways: Economy stalls as price pressures ease

    24 October 2024 Chris Williamson

    The PMI® survey data for October showed the eurozone economy to have stalled for a second successive month as falling factory activity was accompanied...

    • Purchasing Managers’ Index (PMI)
  131. Japan's business activity declines while selling price inflation rises in October

    24 October 2024 Jingyi Pan

    Japan's private sector activity shrank for the first time in four months in October, hinting at a softening of the GDP trend at the start of...

    • Purchasing Managers’ Index (PMI)
  132. Week Ahead Economic Preview: Week of 21 October 2024

    18 October 2024 Jingyi Pan

    Flash PMI for October is set to offer the first look into fourth quarter economic conditions across major developed economies and provide valuable...

    • Purchasing Managers’ Index (PMI)
  133. Emerging market economies expand at slowest pace in nearly a year

    14 October 2024 Jingyi Pan

    Emerging market economic growth decelerated again at the end of the third quarter, according to S&P Global's PMI surveys.

    • Purchasing Managers’ Index (PMI)
  134. Week Ahead Economic Preview: Week of 14 October 2024

    11 October 2024 Jingyi Pan Chris Williamson

    The week ahead sees the European Central Bank likely to cut interest rates to support the struggling eurozone economy amid cooling inflation

    • Purchasing Managers’ Index (PMI)
  135. Monthly PMI Bulletin: October 2024

    11 October 2024 Jingyi Pan

    The global economic expansion slowed in September as manufacturing output declined for the first time this year.

    • Purchasing Managers’ Index (PMI)
  136. Trade conditions deteriorate for fourth straight month in September

    11 October 2024 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade deteriorated again...

    • Purchasing Managers’ Index (PMI)
  137. Private sector growth strengthens in South Africa at end of third quarter, as cost pressures cool

    09 October 2024 David Owen

    The latest PMI data provided assurance that the South African private sector economy is on the right track, with September seeing growth accelerate...

    • Purchasing Managers’ Index (PMI)
  138. Global PMI selling price inflation holds close to four-year low in September

    07 October 2024 Chris Williamson

    The worldwide PMI surveys showed average prices charged for goods and services rising globally at an increased rate in September. However, the...

    • Purchasing Managers’ Index (PMI)
  139. PMI signals slowest global expansion since January and optimism hits near two-year low

    07 October 2024 Chris Williamson

    The global expansion of business activity slowed in September, according to the latest PMI survey data from S&P Global Market Intelligence. Although...

    • Purchasing Managers’ Index (PMI)
  140. Week Ahead Economic Preview: Week of 7 October 2024

    04 October 2024 Jingyi Pan Chris Williamson

    As markets seek further guidance on the interest rate outlook, US inflation numbers will be eagerly assessed in the coming week alongside further...

    • Purchasing Managers’ Index (PMI)
  141. PMI signals slowest global expansion since January and optimism hits near two-year low

    04 October 2024 Chris Williamson

    The global expansion of business activity slowed in September, according to the latest PMI survey data from S&P Global Market Intelligence

    • Purchasing Managers’ Index (PMI)
  142. Top five economic takeaways from September's PMI as global manufacturing deteriorates

    02 October 2024 Chris Williamson

    At 48.8, down from 49.6 in August, the Global Manufacturing PMI, sponsored by J.P. Morgan and compiled by S&P Global Market Intelligence, signalled...

    • Purchasing Managers’ Index (PMI)
  143. Typhoon Yagi causes steep drop in Vietnamese manufacturing production in September

    01 October 2024 Andrew Harker

    S&P Global PMI® data for September showed that Typhoon Yagi caused a steep drop in manufacturing production during the month, with the impact...

    • Purchasing Managers’ Index (PMI)
  144. Reshoring Special Report: Vietnam sees strongest reshoring-related growth over past year

    27 September 2024 Pollyanna De Lima Andrew Harker

    Companies in the Malaysia, Mexico, Turkey and Vietnam manufacturing PMI® panels were invited to take part in a special reshoring survey in May...

    • Purchasing Managers’ Index (PMI)
  145. Week Ahead Economic Preview: Week of 30 September 2024

    27 September 2024 Jingyi Pan Chris Williamson

    Markets will once again look primarily to the US for guidance in the coming week, amid a slew of updated economic indicators and Fed speeches...

    • Purchasing Managers’ Index (PMI)
  146. Flash PMIs point to diverging growth and inflation trends across major developed economies

    24 September 2024 Chris Williamson

    The flash PMI data compiled by S&P Global Market Intelligence signaled some widening economic differentials among the world’s major developed...

    • Purchasing Managers’ Index (PMI)
  147. Flash eurozone PMI top five takeaways: Heightened risk of economy facing hard landing

    23 September 2024 Chris Williamson

    The PMI® survey data for September showed average prices charged for goods and services rising at the slowest rate since February 2021.

    • Purchasing Managers’ Index (PMI)
  148. Week Ahead Economic Preview: Week of 23 September 2024

    20 September 2024 Jingyi Pan Chris Williamson

    The coming week starts with flash PMI data for the major developed economies in focus for central bank policy clues.

    • Purchasing Managers’ Index (PMI)
  149. Comparing the NBS and Caixin manufacturing PMI surveys

    18 September 2024 Chris Williamson

    Comparisons between two PMI surveys for mainland China – one published by the National Bureau of Statistics of China (NBS) and the other by Caixin...

    • Purchasing Managers’ Index (PMI)
  150. Australia's manufacturing sector under pressure but price data limit scope for interest rate cuts

    17 September 2024 Jingyi Pan

    Australia's private sector returned to expansion in August but detailed sector data revealed that growth was worryingly uneven, driven by the...

    • Purchasing Managers’ Index (PMI)
  151. Week Ahead Economic Preview: Week of 16 September 2024

    13 September 2024 Jingyi Pan Chris Williamson

    The focus is on monetary policy in the fresh week with central bank meetings in the US, UK and Japan as well as Brazil, South Africa, Turkey...

    • Purchasing Managers’ Index (PMI)
  152. Monthly PMI Bulletin: September 2024

    13 September 2024 Jingyi Pan

    The global economic expansion picked up pace in August but the upturn became entirely services-driven as manufacturing output edged into decline....

    • Purchasing Managers’ Index (PMI)
  153. Steepest deterioration in trade conditions since December 2023

    12 September 2024 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade further deteriorated...

    • Purchasing Managers’ Index (PMI)
  154. Emerging market growth decelerates in August while price pressures ease

    12 September 2024 Jingyi Pan

    Emerging market economic growth slowed midway through the third quarter of 2024, according to S&P Global’s PMI surveys, but remained relatively...

    • Purchasing Managers’ Index (PMI)
  155. Detailed PMI sector data underscore growing rift between manufacturing and services economies in August

    09 September 2024 Chris Williamson

    A renewed fall in manufacturing output signaled by the August global manufacturing PMI raises worries about spillover effects to the service...

    • Purchasing Managers’ Index (PMI)
  156. Manufacturing downturn spreads from Europe to America, but UK bucks the malaise

    09 September 2024 Chris Williamson

    A global factory downturn is showing signs of spreading from Europe to America

    • Purchasing Managers’ Index (PMI)
  157. Egyptian non-oil sector provides first glimpse of economic recovery after tumultuous start to the year

    06 September 2024 David Owen

    The Egypt PMI signalled the first improvement in business conditions across the non-oil private sector in nearly four years during August. Increases...

    • Purchasing Managers’ Index (PMI)
  158. Week Ahead Economic Preview: Week of 9 September 2024

    06 September 2024 Jingyi Pan Chris Williamson

    The European Central Bank convenes in a new week which also sees a barrage of official economic data releases.

    • Purchasing Managers’ Index (PMI)
  159. Global PMI selling price inflation close to four-year low in August

    05 September 2024 Chris Williamson

    Prices charged for goods and services rose globally at the slowest rate for nearly four years in August, according to the worldwide PMI surveys...

    • Purchasing Managers’ Index (PMI)
  160. Top five economic takeaways from August's PMI as the global manufacturing decline continues

    03 September 2024 Chris Williamson

    At 49.5, down from 49.7 in July, the Global Manufacturing PMI signalled a deterioration of operating conditions for a second successive month...

    • Purchasing Managers’ Index (PMI)
  161. US manufacturing PMI sends warning signals on economic conditions

    03 September 2024 Chris Williamson

    A further downward lurch in the PMI points to the manufacturing sector acting as an increased drag on the economy midway through the third quarter...

    • Purchasing Managers’ Index (PMI)
  162. Week Ahead Economic Preview: Week of 2 September 2024

    30 August 2024 Jingyi Pan Chris Williamson

    August US labour market report will be the data highlight in the lead up to the September FOMC meeting, while the Bank of Canada may lower rates...

    • Purchasing Managers’ Index (PMI)
  163. Flash PMIs show an accelerating but uneven developed world expansion in August

    23 August 2024 Chris Williamson

    The flash PMI data from S&P Global signaled a strengthening of growth for the world's major developed economies in August, with improving trends...

    • Purchasing Managers’ Index (PMI)
  164. Week Ahead Economic Preview: Week of 26 August 2024

    23 August 2024 Chris Williamson Jingyi Pan

    Edit Blog RE-PUBLISH Last Published 8/23/2024 7:00:48 AM By Tridion Admin ECONOMICS COMMENTARY Aug 23, 2024 Week Ahead Economic Preview: Week...

    • Purchasing Managers’ Index (PMI)
  165. Flash PMI points to sustained, but unbalanced, third quarter US economic growth as price pressures moderate further

    23 August 2024 Chris Williamson

    Solid growth signaled by the S&P Global flash PMI in August points to robust GDP growth in excess of 2% annualized in the third quarter, which...

    • Purchasing Managers’ Index (PMI)
  166. August flash PMI signals eurozone economy downturn averted, for now

    22 August 2024 Chris Williamson

    The PMI® survey data for August have been especially eagerly awaited after the July PMI reading of 50.2 indicated that the economy started the...

    • Purchasing Managers’ Index (PMI)
  167. Flash UK PMI signals faster economic growth and lower inflation in August

    22 August 2024 Chris Williamson

    August is witnessing a welcome combination of stronger economic growth, improved job creation and lower inflation, according to provisional PMI...

    • Purchasing Managers’ Index (PMI)
  168. Japan's business activity growth hits 15-month high but future confidence slips lower

    22 August 2024 Jingyi Pan

    Japan’s private sector expansion accelerated in August to the fastest since May 2023, driven by improvements in the service sector alongside...

    • Purchasing Managers’ Index (PMI)
  169. Flash PMI insights awaited amid mixed views on UK economic outlook

    20 August 2024 Chris Williamson

    Upcoming flash PMI survey data for August will provide important insights into economy growth and inflation trends in the UK, coming at a time...

    • Purchasing Managers’ Index (PMI)
  170. Third quarter economy signals sought from flash PMI data after Japan GDP shows rebound

    16 August 2024 Chris Williamson

    After news of the Japanese economy staging an encouraging revival in the second quarter, August flash PMI survey data will be eagerly assessed...

    • Purchasing Managers’ Index (PMI)
  171. Week Ahead Economic Preview: Week of 19 August 2024

    16 August 2024 Jingyi Pan Chris Williamson

    Central bank updates will be in abundance in the fresh week including the release of the latest FOMC meeting minutes and the Jackson Hole symposium....

    • Purchasing Managers’ Index (PMI)
  172. Monthly PMI Bulletin: August 2024

    15 August 2024 Jingyi Pan

    The global economic expansion slowed further in July, but remained robust by historical standards.

    • Purchasing Managers’ Index (PMI)
  173. Emerging market growth slows as manufacturing expansion cools

    15 August 2024 Jingyi Pan

    Emerging market economic growth was sustained at the start of the second half of 2024, according to S&P Global’s PMI surveys, albeit at the slowest...

    • Purchasing Managers’ Index (PMI)
  174. Emerging market growth slows as manufacturing expansion cools

    15 August 2024 Jingyi Pan

    Emerging market economic growth was sustained at the start of the second half of 2024, according to S&P Global’s PMI surveys, albeit at the slowest...

    • Purchasing Managers’ Index (PMI)
  175. Emerging market growth slows as manufacturing expansion cools

    15 August 2024 Jingyi Pan

    Emerging market economic growth was sustained at the start of the second half of 2024, according to S&P Global’s PMI surveys, albeit at the slowest...

    • Purchasing Managers’ Index (PMI)
  176. Week Ahead Economic Preview: Week of 12 August 2024

    09 August 2024 Jingyi Pan Chris Williamson

    US CPI will be the key data release in the fresh week in addition to a series of GDP updates including across major developed economies such...

    • Purchasing Managers’ Index (PMI)
  177. Detailed PMI sector data show global economic growth led by financial services as growth disparities widen

    06 August 2024 Chris Williamson

    Global economic growth trends varied markedly by sector in July. Sustained – but slower – services growth, led by financial services, contrasted...

    • Purchasing Managers’ Index (PMI)
  178. Global trade conditions continue to deteriorate in July

    06 August 2024 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade continued to deteriorate...

    • Purchasing Managers’ Index (PMI)
  179. US economy grows strongly in July as service sector resilience offsets manufacturing malaise

    06 August 2024 Chris Williamson

    The PMI surveys from S&P Global brought news of a welcome combination of solid economic growth and cooler selling price inflation in July.

    • Purchasing Managers’ Index (PMI)
  180. Global PMI upturn remains robust in July but pace wanes for second month running

    05 August 2024 Chris Williamson

    Global economic growth slowed for a second successive month in July but remained among the strongest seen over the past year, according to latest...

    • Purchasing Managers’ Index (PMI)
  181. Global PMI surveys show selling price inflation at joint-lowest since October 2020

    05 August 2024 Chris Williamson

    Prices charged for goods and services rose globally at the joint-slowest rate since October 2020

    • Purchasing Managers’ Index (PMI)
  182. Week Ahead Economic Preview: Week of 5 August 2024

    02 August 2024 Jingyi Pan Chris Williamson

    Worldwide services, composite and detailed sector PMI data are expected to trickle in across the fresh week where we are also looking forward...

    • Purchasing Managers’ Index (PMI)
  183. Top five takeaways from July's PMI survey data as global manufacturing falls into decline

    02 August 2024 Chris Williamson

    At 49.7, down from 50.8 in June, the Global Manufacturing PMI, sponsored by J.P.Morgan and compiled by S&P Global Market Intelligence, signalled...

    • Purchasing Managers’ Index (PMI)
  184. Shipping delays impact global supply chains and exports

    02 August 2024 Chris Williamson

    Global Manufacturing PMI, sponsored by J.P.Morgan and compiled by S&P Global Market Intelligence showed worldwide supply chains to have been...

    • Purchasing Managers’ Index (PMI)
  185. Week Ahead Economic Preview: Week of 29 July 2024

    26 July 2024 Jingyi Pan Chris Williamson

    Central bank meetings in the US, UK and Japan are set to be the highlights in a busy data week in which we are also looking forward to US payrolls...

    • Purchasing Managers’ Index (PMI)
  186. Flash PMI shows UK businesses gaining confidence as selling prices rise at slowest rate for 3½ years

    24 July 2024 Chris Williamson

    The flash PMI survey data for July signal an encouraging start to the second half of the year, with output, order books and employment all growing...

    • Purchasing Managers’ Index (PMI)
  187. Flash PMI signals stalling of eurozone economy

    24 July 2024 Chris Williamson

    The ‘flash’ PMI® survey data for July brought welcome news that inflationary pressures continued to moderate, with cooling service sector price...

    • Purchasing Managers’ Index (PMI)
  188. Flash PMIs show the US leading developed world expansion in July as eurozone lags

    24 July 2024 Chris Williamson

    The flash PMI data from S&P Global signaled a welcome combination of lower selling price inflation and robust, accelerating, economic growth...

    • Purchasing Managers’ Index (PMI)
  189. Japan's private sector growth renews while price pressures intensify

    24 July 2024 Jingyi Pan

    Japan's private sector returned to growth at the start of the second half of 2024. The rate of expansion was solid, though driven mainly by a...

    • Purchasing Managers’ Index (PMI)
  190. Unstable electricity supply in Zambia weighs on business performance in June

    19 July 2024 Sian Jones

    The Stanbic Bank Zambia PMI signalled further challenging business conditions for companies as electricity supply disruptions affected firms'...

    • Purchasing Managers’ Index (PMI)
  191. Global consumer spending shows resilience in second quarter

    19 July 2024 Chris Williamson

    Global consumer spending growth remained resilient in the second quarter, according to PMI survey data from S&P Global Market Intelligence, fueled...

    • Purchasing Managers’ Index (PMI)
  192. Week Ahead Economic Preview: Week of 22 July 2024

    19 July 2024 Jingyi Pan Chris Williamson

    Flash PMI releases for July offer the earliest insights into growth and inflation conditions across major developed nations, while a barrage...

    • Purchasing Managers’ Index (PMI)
  193. Basic Materials jumps up growth rankings, but firms continue to cut employment

    18 July 2024 Sian Jones

    S&P Global PMI sector data signalled a further strong performance from the Financials sector in June

    • Purchasing Managers’ Index (PMI)
  194. Rising costs and gloomier prospects cast shadow over emerging market outlook

    17 July 2024 Jingyi Pan

    Emerging market economic growth was sustained at a solid pace in June, despite easing from the one-year high seen in May.

    • Purchasing Managers’ Index (PMI)
  195. Monthly PMI Bulletin: July 2024

    16 July 2024 Jingyi Pan

    The global economic expansion slowed in June but remained the second-strongest seen for just over a year according to PMI data.

    • Purchasing Managers’ Index (PMI)
  196. Week Ahead Economic Preview: Week of 15 July 2024

    12 July 2024 Jingyi Pan Chris Williamson

    Euro area policymakers meet to set monetary policy while counterparts at the Bank of England assess new inflation and labour market data

    • Purchasing Managers’ Index (PMI)
  197. Global PMI upturn cools from one year high as outlook darkens

    05 July 2024 Chris Williamson

    Global economic growth slowed in June but remained the second-strongest seen for just over a year, according to PMI data

    • Purchasing Managers’ Index (PMI)
  198. Global PMI signals cooler services inflation in June, but goods prices show further rise

    05 July 2024 Chris Williamson

    Price pressures remained elevated globally, according to PMI survey data, as further signs of cooling in the service sectors of most major economies...

    • Purchasing Managers’ Index (PMI)
  199. Week Ahead Economic Preview: Week of 8 July 2024

    05 July 2024 Jingyi Pan Chris Williamson

    Inflation data due from the US and mainland China are in the spotlight, alongside monthly UK GDP data in the coming week.

    • Purchasing Managers’ Index (PMI)
  200. Week Ahead Economic Preview: Week of 8 July 24

    05 July 2024 Jingyi Pan Chris Williamson

    Inflation data due from the US and mainland China are in the spotlight, alongside monthly UK GDP data in the coming week.

    • Purchasing Managers’ Index (PMI)
  201. Global trade conditions deteriorate marginally in June

    05 July 2024 Jingyi Pan

    The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade deteriorated in...

    • Purchasing Managers’ Index (PMI)
  202. Week Ahead Economic Preview: Week of 1 July 2024

    28 June 2024 Jingyi Pan Chris Williamson

    The start of the second half of 2024 brings a barrage of data releases including worldwide PMI data, while key official updates include US payrolls...

    • Purchasing Managers’ Index (PMI)
  203. Using PMI indices to nowcast eurozone and US consumer price inflation

    24 June 2024 Paul Smith Sian Jones Eleanor Dennison

    This research paper showcases the strength of the Purchasing Managers' Index™ (PMI®) in tracking changes in eurozone and US consumer price inflation....

    • Purchasing Managers’ Index (PMI)
  204. Flash PMIs show the US bucking a developed world slowdown, while the UK sees the sharpest inflation

    24 June 2024 Chris Williamson

    Edit Blog PUBLISH NOT LIVE ECONOMICS COMMENTARY Jun 24, 2024 Flash PMIs show the US bucking a developed world slowdown, while the UK sees the...

    • Purchasing Managers’ Index (PMI)
  205. Flash PMIs show the US bucking a developed world slowdown, while the UK sees the sharpest inflation

    24 June 2024 Chris Williamson

    The flash PMI data for June from S&P Global indicated sustained robust economic growth across the four major developed economies – the 'G4' –...

    • Purchasing Managers’ Index (PMI)
  206. Week Ahead Economic Preview: Week of 24 June 2024

    24 June 2024 Jingyi Pan Chris Williamson

    A data-heavy week includes US core PCE plus an update of first quarter GDP in the UK and early NBS PMI from mainland China over the weekend.

    • Purchasing Managers’ Index (PMI)
  207. Inflation slows further as economic growth wanes: our key takeaways from the Eurozone flash PMI

    21 June 2024 Chris Williamson

    The 'flash' PMI® survey data for June provide an early snapshot of economic conditions in the euro area after the European Central Bank cut interest...

    • Purchasing Managers’ Index (PMI)
  208. Japan's private sector growth stalls amid fall in services activity

    21 June 2024 Jingyi Pan

    Japan’s private sector growth ground to a halt in June according to early flash PMI indications. A renewed manufacturing output expansion was...

    • Purchasing Managers’ Index (PMI)
  209. UK flash PMI signals further economic slowdown at end of second quarter, price rises intensify

    21 June 2024 Chris Williamson

    Flash PMI survey data for June signalled a slowing in the pace of economic growth, indicating that GDP will have risen in the second quarter...

    • Purchasing Managers’ Index (PMI)
  210. Using PMI indices to nowcast eurozone and US consumer price inflation

    20 June 2024 Sian Jones Paul Smith Eleanor Dennison

    This research paper showcases the strength of the Purchasing Managers' Index™ (PMI®) in tracking changes in eurozone and US consumer price inflation....

    • Purchasing Managers’ Index (PMI)
  211. Week Ahead Economic Preview: Week of 17 June 2024

    14 June 2024 Jingyi Pan Chris Williamson

    More central bank meetings are anticipated in the UK, Australia, Brazil, Switzerland, Norway and Indonesia in a busy week for policy-watchers...

    • Purchasing Managers’ Index (PMI)
  212. Emerging markets expand at fastest pace in a year while cost pressures rise

    11 June 2024 Jingyi Pan

    Emerging market economic growth accelerated midway through the second quarter of 2024, according to PMI survey data. The expansion in activity...

    • Purchasing Managers’ Index (PMI)
  213. Global trade expansion driven by emerging markets growth

    10 June 2024 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade continued to expand...

    • Purchasing Managers’ Index (PMI)
  214. Monthly PMI Bulletin: June 2024

    10 June 2024 Jingyi Pan

    The global economic expansion accelerated to the fastest pace in 12 months midway through the second quarter, supported by improvements in both...

    • Purchasing Managers’ Index (PMI)
  215. Week Ahead Economic Preview: Week of 10 June 2024

    07 June 2024 Jingyi Pan Chris Williamson

    The Fed and Bank of Japan convene for their June meetings, while the US and mainland China also update key price gauges to provide a sense of...

    • Purchasing Managers’ Index (PMI)
  216. Global PMI at 12-month high in May as "uncertainty" falls to lowest since 2018

    07 June 2024 Chris Williamson

    Global growth surged to a 12-month high in May, according to the worldwide PMI surveys. Accelerating upturns were seen in both developed and...

    • Purchasing Managers’ Index (PMI)
  217. Global PMI shows price momentum cooling for services but reviving for basic materials

    07 June 2024 Chris Williamson

    Average prices charged for goods and services continued to rise worldwide at an elevated rate by historical standards in May, broadly in line...

    • Purchasing Managers’ Index (PMI)
  218. Global PMI at 12-month high in May as "uncertainty" falls to lowest since 2018

    07 June 2024 Chris Williamson

    Global growth surged to a 12-month high in May, according to the worldwide PMI surveys. Accelerating upturns were seen in both developed and...

    • Purchasing Managers’ Index (PMI)
  219. Global PMI signals persistent elevated selling price inflation in May

    05 June 2024 Chris Williamson

    Average prices charged for goods and services rose worldwide at a slightly increased rate in May

    • Purchasing Managers’ Index (PMI)
  220. Top five takeaways from May's global survey data as manufacturing PMI hits 22-month high

    04 June 2024 Chris Williamson

    At 50.9, the Global Manufacturing PMI, sponsored by JPMorgan and compiled by S&P Global Market Intelligence, recorded above 50.0 neutral mark...

    • Purchasing Managers’ Index (PMI)
  221. Week Ahead Economic Preview: Week of 3 June 2024

    31 May 2024 Jingyi Pan

    Central bank meetings in the eurozone and Canada will be in the spotlight, while key data releases include US payrolls, mainland China’s trade...

    • Purchasing Managers’ Index (PMI)
  222. Flash PMI data signals steep acceleration of US growth midway through second quarter

    24 May 2024 Chris Williamson

    The US economic upturn accelerated again in May after two months of slower growth, with the early PMI data signaling the fastest expansion for...

    • Purchasing Managers’ Index (PMI)
  223. Flash PMIs signal faster developed world growth in May, led by the US

    24 May 2024 Chris Williamson

    The flash PMI data for May from S&P Global brought encouraging news on economic growth, with output of the combined manufacturing and service...

    • Purchasing Managers’ Index (PMI)
  224. Week Ahead Economic Preview: Week of 27 May 2024

    24 May 2024 Jingyi Pan Chris Williamson

    Data releases including US core PCE inflation, eurozone inflation and China PMI figures are likely to be the economics highlights as we approach...

    • Purchasing Managers’ Index (PMI)
  225. Stronger growth and lower inflation: our key take-aways from the Eurozone flash PMI

    23 May 2024 Chris Williamson

    Business activity in the euro area rose for a third successive month in May, the rate of growth accelerating to a one-year high, according to...

    • Purchasing Managers’ Index (PMI)
  226. UK flash PMI signals sustained economic recovery, price pressures fall to lowest in over three years

    23 May 2024 Chris Williamson

    Flash PMI survey data for May signalled a further expansion of business activity halfway through the second quarter, suggesting the economy continues...

    • Purchasing Managers’ Index (PMI)
  227. Week Ahead Economic Preview: Week of 20 May 2024

    17 May 2024 Jingyi Pan Chris Williamson

    Flash PMI will offer the earliest insights into economic conditions in May, in a week when the FOMC minutes and inflation data from the UK, Canada...

    • Purchasing Managers’ Index (PMI)
  228. Monthly PMI Bulletin: May 2024

    15 May 2024 Jingyi Pan

    The global economic expansion unfolded at the fastest pace in ten months at the start of the second quarter of 2024, supported by broad-based...

    • Purchasing Managers’ Index (PMI)
  229. Week Ahead Economic Preview: Week of 13 May 2024

    10 May 2024 Jingyi Pan Chris Williamson

    A busy economic calendar is anticipated with the highlight being US CPI data, though key economic activity data out of the US and mainland China...

    • Purchasing Managers’ Index (PMI)
  230. Competitive pricing helps to drive business activity growth in Kuwait, but for how much longer?

    10 May 2024 Andrew Harker

    The newly launched S&P Global Kuwait PMI is showing the non-oil private sector experiencing its best run of growth since the survey began in...

    • Purchasing Managers’ Index (PMI)
  231. Global trade revives amid renewal of worldwide goods exports

    09 May 2024 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade expanded at the...

    • Purchasing Managers’ Index (PMI)
  232. Emerging markets new business expands at fastest pace in nearly a year

    09 May 2024 Jingyi Pan

    Emerging market economic growth was sustained at a solid rate at the start of the second quarter of 2024, according to PMI survey data with well-balanced...

    • Purchasing Managers’ Index (PMI)
  233. Global PMI selling price inflation remains elevated in April, led by higher service sector charges

    08 May 2024 Chris Williamson

    Average prices charged for goods and services rose worldwide at a rate broadly in line with the average seen over much of the past year, thereby...

    • Purchasing Managers’ Index (PMI)
  234. Global PMI hits ten-month high amid broad sector economic upturn in April

    08 May 2024 Chris Williamson

    Global growth inched up to a ten-month high in April, according to the worldwide PMI surveys

    • Purchasing Managers’ Index (PMI)
  235. Top five takeaways from April as PMI holds above 50 for third month running

    07 May 2024 Chris Williamson

    At 50.3, the Global Manufacturing PMI, sponsored by JPMorgan and compiled by S&P Global Market Intelligence, remained above 50.0 neutral mark...

    • Purchasing Managers’ Index (PMI)
  236. Week Ahead Economic Preview: Week of 6 May 2024

    06 May 2024 Jingyi Pan Chris Williamson

    Central bank meetings in the UK and Australia will be in focus post the Fed meeting, while key data releases include UK output data and China’s...

    • Purchasing Managers’ Index (PMI)
  237. Week Ahead Economic Preview: Week of 29 April 2024

    26 April 2024 Jingyi Pan Chris Williamson

    The Fed's FOMC meeting will be the key focus at the start May, followed by US April payrolls and wage growth numbers, all highlights in a week...

    • Purchasing Managers’ Index (PMI)
  238. Flash PMIs signal more broad-based expansion as growth rates improve in Europe and Japan

    25 April 2024 Chris Williamson

    The flash PMI data released for April showed an increasingly broad-based economic expansion across the four major developed economies, albeit...

    • Purchasing Managers’ Index (PMI)
  239. Eurozone flash PMI shows economy gaining recovery momentum in April

    23 April 2024 Chris Williamson

    Business activity in the euro area grew at the fastest rate for nearly a year in April, according to provisional PMI® survey data.

    • Purchasing Managers’ Index (PMI)
  240. US flash PMI data point to lower economic growth and inflation trajectories in second quarter

    23 April 2024 Chris Williamson

    The US economic upturn lost momentum at the start of the second quarter, with the flash PMI survey respondents reporting below-trend business...

    • Purchasing Managers’ Index (PMI)
  241. UK flash PMI signals accelerating economic recovery but price pressures surge higher

    23 April 2024 Chris Williamson

    Early PMI survey data for April indicate that the UK economy's recovery from recession last year continued to gain momentum

    • Purchasing Managers’ Index (PMI)
  242. Japan flash PMI signals faster growth and higher prices at start of second quarter

    23 April 2024 Jingyi Pan

    Japan's private sector growth momentum accelerated to the joint-fastest in nearly a year at the start of the second quarter, according to flash...

    • Purchasing Managers’ Index (PMI)
  243. Week Ahead Economic Preview: Week of 22 April 2024

    19 April 2024 Chris Williamson Jingyi Pan

    Edit Blog PUBLISH NOT LIVE ECONOMICS COMMENTARY Apr 19, 2024 Week Ahead Economic Preview: Week of 22 April 2024 Jingyi Pan Chris Williamson...

    • Purchasing Managers’ Index (PMI)
  244. Week Ahead Economic Preview: Week of 22 April 2024

    19 April 2024 Jingyi Pan Chris Williamson

    The earliest insights into economic conditions across major developed economies in April will be tracked with flash PMI releases on Tuesday...

    • Purchasing Managers’ Index (PMI)
  245. Europe's chemicals sector braces for new policy impact

    18 April 2024 Eleanor Dennison

    The European chemicals sector has faced sharply fluctuating demand conditions and changing policy initiatives since the pandemic, with further...

    • Purchasing Managers’ Index (PMI)
  246. Week Ahead Economic Preview: Week of 15 April 2024

    12 April 2024 Jingyi Pan Chris Williamson

    Data releases in the week ahead will provide further important clues as to the next moves in central bank policy, and in particular add to speculation...

    • Purchasing Managers’ Index (PMI)
  247. Monthly PMI Bulletin: April 2024

    11 April 2024 Jingyi Pan

    The global economic expansion accelerated for a fifth successive month in March, buoyed by faster manufacturing output and services activity...

    • Purchasing Managers’ Index (PMI)
  248. Diverging trends in Consumer Goods sector remains as Automobiles & Auto Parts weigh on overall performance

    10 April 2024 Sian Jones

    S&P Global PMI sector data signalled diverging trends within the Consumer Goods category, as Automobiles & Auto Parts weighed on total output...

    • Purchasing Managers’ Index (PMI)
  249. UK recruiters signal coolest pay growth for over three years in March

    08 April 2024 Chris Williamson

    Recruitment industry survey data are particularly useful as they provide a leading indicator of the tightness of the labour market in terms of...

  250. Global trade near-stabilises at the end of first quarter

    08 April 2024 Jingyi Pan

    The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated a near steadying of global trade...

    • Purchasing Managers’ Index (PMI)
  251. Emerging markets activity expands at fastest pace in ten months

    08 April 2024 Jingyi Pan

    Emerging markets growth accelerated at the end of the first quarter of 2024, rising in March at the fastest pace since May of last year.

    • Purchasing Managers’ Index (PMI)
  252. Week Ahead Economic Preview: Week of 8 April 2024

    05 April 2024 Jingyi Pan Chris Williamson

    Central bank meetings including those of policymakers in the eurozone and Canada will be in focus alongside key inflation updates in the US and...

    • Purchasing Managers’ Index (PMI)
  253. Global PMI selling price inflation accelerates to ten-month high

    04 April 2024 Chris Williamson

    Average prices charged for goods and services rose worldwide at a steeper rate for a second consecutive month in March, according to S&P Global...

  254. Global economic expansion gains momentum in March as PMI climbs to nine-month high

    04 April 2024 Chris Williamson

    The worldwide PMI surveys recorded a further modest acceleration of global economic growth in March, taking the pace of expansion to the fastest...

    • Purchasing Managers’ Index (PMI)
  255. Eurozone manufacturing prospects brighten as PMI leading indicators lift higher

    03 April 2024 Chris Williamson

    Eurozone manufacturing output has contracted in all bar two of the past 22 months, according to the PMI® survey data compiled by S&P Global....

    • Purchasing Managers’ Index (PMI)
  256. Worldwide manufacturing upturn gains momentum in March as recovery broadens out

    02 April 2024 Chris Williamson

    PMI surveys showed manufacturing business conditions improving at an increased rate in March, gaining further momentum to signal the sector's...

    • Purchasing Managers’ Index (PMI)
  257. Manufacturers report further improvement to worldwide supply chains in March, taking heat off prices

    02 April 2024 Chris Williamson

    Average supplier delivery times quickened slightly in March, according to the latest global PMI surveys, pointing to a further alleviation of...

    • Purchasing Managers’ Index (PMI)
  258. Final PMI signals fastest factory production growth in the US since May 2022, but also steeper price rise

    02 April 2024 Chris Williamson

    The final PMI data for US manufacturing showed the production cycle moving up a gear at the end of the first quarter, but also indicated that...

    • Purchasing Managers’ Index (PMI)
  259. Week Ahead Economic Preview: Week of 1 April 2024

    28 March 2024 Jingyi Pan Chris Williamson

    Worldwide PMI data, including detailed sector data, will be released at the start of April, while US payrolls data will be closely watched alongside...

    • Purchasing Managers’ Index (PMI)
  260. Flash PMIs further ease recession worries, but also signal stubborn price pressures

    25 March 2024 Chris Williamson

    The flash PMI data released for March brought further signs that economic growth trajectories have improved since late last year, with growth...

    • Purchasing Managers’ Index (PMI)
  261. Week Ahead Economic Preview: Week of 25 March 2024

    22 March 2024 Jingyi Pan Chris Williamson

    Following the past week's central bank meetings, the attention turns to economic releases in the week ahead with US core PCE, personal income...

    • Purchasing Managers’ Index (PMI)
  262. S&P Global PMI® and ISM survey comparisons

    21 March 2024 Chris Williamson

    S&P Global PMI® and ISM survey comparisons

    • Short Interest
    • Securities Lending
    • Securities Finance
    • Equities
  263. News of further solid economic growth from US flash PMI tainted by rise in price pressures

    21 March 2024 Chris Williamson

    Further expansions of both manufacturing and service sector output in March helped close off another quarter of likely robust GDP growth for...

    • Purchasing Managers’ Index (PMI)
  264. Eurozone flash PMI shows economy close to stabilising in March, price pressures ease

    21 March 2024 Chris Williamson

    Business activity in the euro area came close to stabilising in March, as provisional PMI® survey data registered only a marginal decline in...

    • Purchasing Managers’ Index (PMI)
  265. Flash PMI shows strong end to first quarter for UK economy, but inflation still looks sticky

    21 March 2024 Chris Williamson

    Further signs of the UK economy having pulled out of last year's brief recession are provided by the provisional PMI data for March

    • Purchasing Managers’ Index (PMI)
  266. Japan flash PMI signals accelerating growth momentum and rising inflation in March

    21 March 2024 Jingyi Pan

    Japan's private sector picked up growth momentum into the end of the first quarter, according to flash PMI data.

    • Purchasing Managers’ Index (PMI)
  267. Egyptian business activity drops sharply in February amid currency crisis, leading to emergency interest rate hike and floating of pound

    18 March 2024 David Owen

    Egypt's non-oil economy was greatly impacted by the Red Sea shipping crisis in February, as a sharp drop in traffic through the Suez Canal led...

    • Purchasing Managers’ Index (PMI)
  268. Week Ahead Economic Preview: Week of 18 March 2024

    15 March 2024 Jingyi Pan Chris Williamson

    Central bank meetings across the US, UK, Japan, Australia, Brazil and various other economies unfold in the week, in addition to the highly anticipated...

    • Purchasing Managers’ Index (PMI)
  269. Global PMI signals faster economic growth amid steady price gains

    15 March 2024 Chris Williamson

    S&P Global's PMI surveys indicated that the global economy gained further growth momentum in February.

    • Purchasing Managers’ Index (PMI)
  270. Emerging markets growth remains solid amid intensifying inflationary pressures

    13 March 2024 Jingyi Pan

    Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing...

    • Purchasing Managers’ Index (PMI)
  271. PMI® Comment Trackers reveal Europe remains hardest hit by Red Sea crisis with sector data showing divergences by product type

    12 March 2024 Jingyi Pan David Owen

    The impact from the Red Sea crisis on manufacturing supply conditions remained especially pronounced in Europe according to the latest February...

    • Purchasing Managers’ Index (PMI)
  272. Monthly PMI Bulletin: March 2024

    12 March 2024 Jingyi Pan

    The global economic expansion accelerated for a fourth straight month in February as both manufacturing output and services activity grew at...

    • Purchasing Managers’ Index (PMI)
  273. Week Ahead Economic Preview: Week of 11 March 2024

    07 March 2024 Jingyi Pan Chris Williamson

    US inflation and activity data will be some of the highlights in the week, while the UK also releases monthly output and labour market reports....

    • Purchasing Managers’ Index (PMI)
  274. Trade downturn continues to ease in February

    07 March 2024 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated a further deterioration of global...

    • Purchasing Managers’ Index (PMI)
  275. Week Ahead Economic Preview: Week of 4 March 2024

    04 March 2024 Jingyi Pan Chris Williamson

    US nonfarm payrolls, worldwide services PMI and detailed sector PMI results will all be eagerly anticipated alongside central bank meetings in...

    • Purchasing Managers’ Index (PMI)
  276. Worldwide manufacturing returns to growth

    01 March 2024 Chris Williamson

    February's PMI surveys showed manufacturing business conditions improving for the first time in 18 months

    • Purchasing Managers’ Index (PMI)
  277. US inflation descent outpacing that of Europe according to flash PMIs

    23 February 2024 Chris Williamson

    February’s flash PMI surveys brought mixed news on inflation, with European prices looking stickier than in the US

    • Purchasing Managers’ Index (PMI)
  278. Week Ahead Economic Preview: Week of 26 February 2024

    23 February 2024 Jingyi Pan Chris Williamson

    Global manufacturing PMI data will be due at the end of the week following the February flash PMI updates.

    • Purchasing Managers’ Index (PMI)
  279. US flash PMI indicates steady growth in February as price pressures cool further

    22 February 2024 Chris Williamson

    The early PMI data for February indicate that the US economy continued to expand midway through the first quarter, pointing to annualized GDP...

    • Purchasing Managers’ Index (PMI)
  280. Eurozone downturn moderates as service sector steadies, but price rises cloud rate cut outlook

    22 February 2024 Chris Williamson

    Business activity in the euro area fell at the slowest rate for eight months in February, according to provisional PMI® survey data, as a stabilisation...

    • Purchasing Managers’ Index (PMI)
  281. UK economy gains further growth momentum in February, but price pressures also rise

    22 February 2024 Chris Williamson

    Early PMI data point to the UK economy gaining growth momentum in February, dispelling recession worries. However, price pressures have intensified...

    • Purchasing Managers’ Index (PMI)
  282. Flash PMI signal cooling inflation and stagnating private sector activity in Japan

    22 February 2024 Jingyi Pan

    Japan's private sector activity broadly stagnated in February according to flash PMI data, attributed to a combination of slowing services activity...

    • Purchasing Managers’ Index (PMI)
  283. Week Ahead Economic Preview: Week of 19 February 2024

    16 February 2024 Maryam Baluch Joseph Hayes Jingyi Pan

    Flash PMI surveys from S&P Global are the highlight of the coming week

    • Purchasing Managers’ Index (PMI)
  284. Week Ahead Economic Preview: Week of 12 February 2024

    09 February 2024 Jingyi Pan Chris Williamson

    Key inflation and GDP data will be due from several Western economies in the coming week as various North Asian markets remain closed for the...

    • Purchasing Managers’ Index (PMI)
  285. Emerging markets growth accelerates at the start of 2024

    09 February 2024 Jingyi Pan

    A third consecutive monthly acceleration in global output growth was supported by faster emerging market expansion while developed markets also...

    • Purchasing Managers’ Index (PMI)
  286. Monthly PMI Bulletin: February 2024

    08 February 2024 Jingyi Pan

    The global economic expansion accelerated for a third straight month in January amidst renewed manufacturing output growth and faster services...

    • Purchasing Managers’ Index (PMI)
  287. Trade downturn eases at start of 2024 despite Red Sea disruptions

    07 February 2024 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI)  surveys compiled by S&P Global Market Intelligence indicated a further deterioration of global...

    • Purchasing Managers’ Index (PMI)
  288. Global PMI signals faster economic growth and brighter prospects at start of 2024

    06 February 2024 Chris Williamson

    Global output growth accelerated for a third straight month in January, according to the S&P Global PMI surveys. Looser financial conditions...

    • Purchasing Managers’ Index (PMI)
  289. Global PMI signals lowest inflation rate since October 2020

    06 February 2024 Chris Williamson

    Average prices charged for goods and services rose globally at the slowest rate since October 2020, according to the January worldwide PMI surveys...

    • Purchasing Managers’ Index (PMI)
  290. Week Ahead Economic Preview: Week of 5 February 2024

    02 February 2024 Jingyi Pan Chris Williamson

    January's services PMI, plus detailed sector data, will be unveiled at the start of the week to kickstart a busy data calendar.

    • Purchasing Managers’ Index (PMI)
  291. Worldwide manufacturing confidence improves as factories shrug off Red Sea concerns

    01 February 2024 Chris Williamson

    Global manufacturing supply chains lengthened in January for the first time in a year, according to PMI survey data. Disruptions to shipping...

    • Purchasing Managers’ Index (PMI)
  292. Week Ahead Economic Preview: Week of 29 January 2024

    26 January 2024 Jingyi Pan Chris Williamson

    Central bank meetings remain in the spotlight with the US Fed and the Bank of England both set to convene in the coming week.

    • Purchasing Managers’ Index (PMI)
  293. US flash PMI signals steep fall in inflation at start of 2024

    25 January 2024 Chris Williamson

    The early PMI data for January signalled a marked cooling of inflation pressures in the US economy, in turn linked to a waning of elevated price...

    • Purchasing Managers’ Index (PMI)
  294. Week Ahead Economic Preview: Week of 22 January 2024

    19 January 2024 Jingyi Pan Chris Williamson

    Central bank meetings in the eurozone, Canada and Japan will be the highlights through the week as the market looks for hints of monetary policy...

    • Purchasing Managers’ Index (PMI)
  295. Emerging markets conclude 2023 on better note than developed markets

    16 January 2024 Jingyi Pan

    The divergence between emerging and developed markets continued into the end of 2023, with faster economic expansions among emerging economies...

    • Purchasing Managers’ Index (PMI)
  296. Monthly PMI Bulletin: January 2024

    12 January 2024 Jingyi Pan

    The global economic expansion accelerated in December, though divergences between sectors and regions were observed.

    • Purchasing Managers’ Index (PMI)
  297. Monthly PMI Bulletin: December 2023

    12 January 2024 Jingyi Pan

    The global economic expansion accelerated in December, though divergences between sectors and regions were observed.

    • Purchasing Managers’ Index (PMI)
  298. ASEAN economic outlook in 2024

    12 January 2024 Rajiv Biswas

    The near-term economic outlook for the ASEAN region in 2024 remains positive, supported by the continued expansion of domestic demand in a number...

    • Purchasing Managers’ Index (PMI)
  299. Week Ahead Economic Preview: Week of 15 January 2024

    12 January 2024 Rajiv Biswas Jingyi Pan Chris Williamson

    In addition to the US earnings season coming into full flow, the week ahead will see some key insights into growth and inflation trends at the...

    • Purchasing Managers’ Index (PMI)
  300. Global PMI data point to stalled descent of inflation

    04 January 2024 Chris Williamson

    Average prices charged for goods and services rose globally at an unchanged rate in December, according to the worldwide PMI surveys, meaning...

    • Purchasing Managers’ Index (PMI)

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