Manufacturing grows at fastest rate for decades – survey
3 years, 7 months ago

Manufacturing grows at fastest rate for decades – survey

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The IHS Markit CIPS Manufacturing Purchasing Managers’ Index, which is a closely watched sign of the sector’s fortunes, reached a record high last month, according to the most recent figures. Growth is being boosted by the unlocking of economies from Covid restrictions and ongoing vaccination programmes Rob Dobson, IHS IHS director Rob Dobson said: “The UK PMI surged to an unprecedented high in May, as record growth of new orders and employment supported one of the steepest increases in production volumes in the near 30-year survey history. Many suppliers are struggling to keep up with the increased demand, pushing up the average delivery times to manufacturers to one of the highest levels seen in the survey’s history. Confidence is high among manufacturers as demand continues to soar but there’s a danger that many are only seeing the weather in front of them Simon Jonsson, KPMG UK Simon Jonsson, head of industrial products at KPMG UK, said: “Confidence is high among manufacturers as demand continues to soar but there’s a danger that many are only seeing the weather in front of them.

Survey High Demand Covid Ihs  decades  breaking  rate  demand  rise  surveys  manufacturers  manufacturing  survey  sign  fastest  grows  free  high  record

History of this topic

UK factory activity shrinks for first time since April
2 months, 2 weeks ago

UK factory activity shrinks for first time since April

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Activity in the UK’s manufacturing …

China's Manufacturing PMI Recovers to 50.1, Signaling Economic Vitality
2 months, 2 weeks ago

China's Manufacturing PMI Recovers to 50.1, Signaling Economic Vitality

China Daily  

China's economic vitality continues to improve, with the manufacturing PMI reaching a six-month high of 50.1 in October. The sub-index for production rose to 52, while new orders edged up to 50 from 49.9 in September, indicating a recovery in production activity. Prices in the manufacturing sector recovered as the sub-gauge for the main raw material purchase prices jumped from …

Purchasing Managers’ Index (PMI): Manufacturing activity at 3-month low in August
4 months, 1 week ago

Purchasing Managers’ Index (PMI): Manufacturing activity at 3-month low in August

The Hindu  

Manufacturing activity dropped to a three-month low in August, with new factory orders growing at the slowest pace in seven months and export orders clocking their weakest rise in 2024, even as inflation and competitive pressures dragged producers’ optimism to the worst level since April 2023, as per a private survey-based index. On the bright side, the inflation in manufacturing …

Surveys show Chinese economy growing but at modest pace
6 months, 2 weeks ago

Surveys show Chinese economy growing but at modest pace

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Surveys of Chinese factory managers …

India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years
8 months, 1 week ago

India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years

The Hindu  

India’s manufacturing sector activity moderated slightly in April, but still witnessed the second-best improvement in operating conditions in three-and-a-half years, as per the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index™ which fell to 58.8 from the 16-year high of 59.1 recorded in March. Even though input costs increased, producers ramped up input purchases to the highest level since last …

March manufacturing PMI survey signals a 16-year peak
9 months, 1 week ago

March manufacturing PMI survey signals a 16-year peak

The Hindu  

India’s manufacturing sector activity surged in March with new orders and output levels rising at the fastest pace since October 2020, lifting the HSBC India Manufacturing Purchasing Managers Index to a 16-year high of 59.1 from 56.9 in the previous month. Export orders also grew at the fastest pace since May 2022, and though pressures on current capacity remained mild …

China's manufacturing activity expands in March after a 5-month lull
9 months, 2 weeks ago

China's manufacturing activity expands in March after a 5-month lull

The Hindu  

Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released on March 31, suggesting a rebound in industrial activities following the Lunar New Year holiday. China’s National Bureau of Statistics senior statistician Zhao Qinghe said the market became more active as companies resumed and sped up production after the …

China’s manufacturing activity expands in March after a 5-month lull
9 months, 2 weeks ago

China’s manufacturing activity expands in March after a 5-month lull

Associated Press  

BEIJING — Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released Sunday, suggesting a rebound in industrial activities following the Lunar New Year holiday. National Bureau of Statistics senior statistician Zhao Qinghe said the market became more active as companies resumed and sped up production after the Lunar …

India’s manufacturing PMI inched up to 56.9 in February
10 months, 2 weeks ago

India’s manufacturing PMI inched up to 56.9 in February

The Hindu  

India’s manufacturing sector continued its recovery in February from an 18-month low in December, with production levels and sales rising at the fastest pace in five months, as per the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index. New export orders grew at the highest pace in 21 months, but employment levels changed little as firms felt existing staff strengths …

China’s manufacturing activity contracts for 5th straight month despite policy support
10 months, 2 weeks ago

China’s manufacturing activity contracts for 5th straight month despite policy support

Associated Press  

HONG KONG — Manufacturing in China contracted for a fifth consecutive month in February, according to an official survey of factory managers released Friday, reflecting persistent weakness in the economy ahead of annual legislative meetings where officials are expected to boost policy support. February’s reading comes in spite of Beijing’s recent measures to shore up the economy, including reducing a …

UK services firms ‘skirt with recession’ as activity slows for third month
1 year, 2 months ago

UK services firms ‘skirt with recession’ as activity slows for third month

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s services sector saw …

UK factory production sees longest downturn since 2008 financial crisis
1 year, 2 months ago

UK factory production sees longest downturn since 2008 financial crisis

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK factory production has seen …

Recession ‘more likely’ as key gauge misses expectations
1 year, 3 months ago

Recession ‘more likely’ as key gauge misses expectations

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A key gauge of the UK’s economic strength suggests the …

UK services sector shrinks for first time since January as demand wanes
1 year, 4 months ago

UK services sector shrinks for first time since January as demand wanes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK services sector contracted …

India's Manufacturing PMI Jumps to 58.6 in August, Hits 3-Month High
1 year, 4 months ago

India's Manufacturing PMI Jumps to 58.6 in August, Hits 3-Month High

News 18  

India’s factory growth accelerated at the fastest pace in three months in August, driven by strong growth in new orders and output, according to a private survey that however also showed job creation was at a four-month low. The Manufacturing Purchasing Managers’ Index, compiled by S&P Global, jumped to 58.6 last month from 57.7 in July, the highest since May …

S&P Global India Manufacturing PMI signals August activity hit nearly three-year high
1 year, 4 months ago

S&P Global India Manufacturing PMI signals August activity hit nearly three-year high

The Hindu  

Manufacturing firms’ order books and output levels expanded at the fastest pace in nearly three years this August, as per the S&P Global India Manufacturing Purchasing Managers’ Index that rose to 58.6 last month from 57.7 in July. Though input costs escalated, firms replenished their inventories at the second highest pace in 18-and-a-half years and restrained from hiking selling prices …

European manufacturing sector slide worst since the start of the Covid-19 pandemic
1 year, 5 months ago

European manufacturing sector slide worst since the start of the Covid-19 pandemic

Daily Mail  

Europe’s manufacturing sector fell deeper into decline with the Continent recording its fastest contraction since Covid-19. Data showed activity in the sector last month dropped to its lowest level since May 2020. Latest data shows EU manufacturing has dropped to its lowest level since May 2020 Things were little better in the UK, with the PMI for the manufacturing sector …

Momentum softens: The Hindu Editorial on S&P Global’s survey
1 year, 6 months ago

Momentum softens: The Hindu Editorial on S&P Global’s survey

The Hindu  

July 07, 2023 12:20 am | Updated 12:39 am IST The latest Purchasing Managers’ Index for India’s manufacturing sector and the Services Business Activity Index for the economy’s broader services sector from S&P Global, posit a softening in momentum in economic activity. Its survey of about 400 manufacturers shows that production growth at major private sector factories eased marginally last …

India’s manufacturing PMI hits highest level since October 2020 in May
1 year, 7 months ago

India’s manufacturing PMI hits highest level since October 2020 in May

The Hindu  

The S&P Global India Manufacturing Purchasing Managers’ Index surged to a 31-month high of 58.7 in May, with factory orders rising at the fastest clip since January 2021 and producers accumulating inputs at an unprecedented pace thanks to lower costs. While input costs “remained historically mild”, S&P Global said its survey of about 400 firms that forms the basis of …

S&P Global PMI signals Indian manufacturing hit a four-month peak in April
1 year, 8 months ago

S&P Global PMI signals Indian manufacturing hit a four-month peak in April

The Hindu  

For India’s manufacturing sector, new orders and production levels recorded their strongest growth so far in 2023 during April as per the seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index, which rose to 57.2 from 56.4 in March. “Not only did buying levels expand for the 22nd successive month, but also at a sharp rate that was the strongest …

Manufacturing PMI, 56.4, at three-month high in March: S&P Global PMI
1 year, 9 months ago

Manufacturing PMI, 56.4, at three-month high in March: S&P Global PMI

The Hindu  

New orders and production levels surged to a three-month high in March even as input cost inflation for manufacturing firms slipped to the second-lowest mark in two-and-a-half years, as per the S&P Global India Manufacturing Purchasing Managers’ Index. New export orders grew at a faster pace in March than the previous month, but remained “slight and historically subdued”, S&P Global …

Private sector growth slows in March as manufacturers drag
1 year, 9 months ago

Private sector growth slows in March as manufacturers drag

The Independent  

The UK’s private sector appeared to grow for a second month running after it broke a half-year losing streak, a closely-watched survey has found. In spite of supply chain strength returning, less work resulted in job shedding and lower purchasing volumes as the sector failed to gain momentum and fell into contraction again Dr John Glen, CIPS chief economist Chris …

China’s factory output smashes forecasts with decade-high growth
1 year, 10 months ago

China’s factory output smashes forecasts with decade-high growth

Al Jazeera  

Manufacturing Purchasing Managers’ Index hits its highest reading since 2012 following Beijing’s lifting of COVID curbs. China’s manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed, smashing expectations as production zoomed after the lifting of COVID-19 restrictions late last year. The manufacturing Purchasing Managers’ Index shot up to 52.6 from 50.1 …

Manufacturing PMI up but watch out for a spanner in the works
2 years ago

Manufacturing PMI up but watch out for a spanner in the works

Live Mint  

Business activity in India’s manufacturing sector saw a sharp upturn in December. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index rose to 57.8, up from 55.7 in November, aided by robust inflows of new business. View Full Image On the rise Keep an eye on these economic indicators in 2023 IBC plot twist may let defaulters keep the …

Manufacturing output, orders rebound in November: S&P Global PMI
2 years, 1 month ago

Manufacturing output, orders rebound in November: S&P Global PMI

The Hindu  

In November, India’s manufacturing sector recorded the best uptick in output and new orders since August and falling input costs lifted sentiment to an eight-year high, as per the S&P Global India Manufacturing Purchasing Managers’ Index which moved up from 55.3 in October to 55.7 last month. While companies reported a notable improvement in international demand for goods, with new …

Manufacturing PMI eases to 55.1 in September
2 years, 3 months ago

Manufacturing PMI eases to 55.1 in September

Deccan Chronicle  

New Delhi: Despite easing inflationary pressures and strong business confidence among firms, the factory growth in India dipped to a three-month low in September owing to a moderation in demand and output. The Manufacturing Purchasing Managers' Index, or PMI, compiled by S&P Global, fell to 55.1 in September from 56.2 in August, a survey showed on Monday. Commenting on the …

In August, manufacturing output, order books grew at fastest pace since November 2021
2 years, 4 months ago

In August, manufacturing output, order books grew at fastest pace since November 2021

The Hindu  

Indian manufacturers reported the fastest increase in production and new orders this August since November 2021, thanks to higher strengthening demand conditions and a spike in export orders, as per the survey-based S&P Global India Manufacturing Purchasing Managers’ Index. The seasonally adjusted S&P Global India Manufacturing PMI moderated slightly to 56.2 in August from 56.4 in July, signalling the second-strongest …

Service sector at worst point since Alpha variant lockdown, survey suggests
2 years, 5 months ago

Service sector at worst point since Alpha variant lockdown, survey suggests

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s service sector has …

China’s factory, services activity rebounds after decline
2 years, 6 months ago

China’s factory, services activity rebounds after decline

Al Jazeera  

Official manufacturing purchasing managers’ index rises in June after sliding during previous three months. China’s factory activity snapped three months of decline in June, as authorities lifted a strict lockdown in Shanghai, buoying growth in production and new orders, while a rebound in the services sector pressed on. The official manufacturing purchasing managers’ index rose to 50.2 in June from …

UK manufacturing remains steady but warning signs remain
2 years, 8 months ago

UK manufacturing remains steady but warning signs remain

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. The improved expansion …

India's Factory Activity Grows at Slower Pace, PMI Manufacturing Falls to 54 in March
2 years, 9 months ago

India's Factory Activity Grows at Slower Pace, PMI Manufacturing Falls to 54 in March

News 18  

India’s factory activity expanded at a slower pace in March as rising prices meant new orders and output grew at their weakest rate since September, according to a survey released on Monday that also showed optimism at a two-year low. “Manufacturing sector growth in India weakened at the end of fiscal year 2021/22, with companies reporting softer expansions in new …

Manufacturing growth slows to worst point in 13 months
2 years, 9 months ago

Manufacturing growth slows to worst point in 13 months

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Pipelines of work …

Construction sector continues growth as price increases ease
2 years, 10 months ago

Construction sector continues growth as price increases ease

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It appears that the peak …

Manufacturing PMI rises to 54.9 in February
2 years, 10 months ago

Manufacturing PMI rises to 54.9 in February

The Hindu  

India’s manufacturing sector saw an expansion in output and new orders in February as per the IHS Markit Purchasing Managers’ Index which rose to 54.9 for the month, from 54 in January. The uptick in orders helped shed finished goods’ stocks, but producers remained fretful about threats to growth and profit margins, pointed out Shreeya Patel, economist at IHS Markit. …

Manufacturing grows as supply chain disruption eases
2 years, 10 months ago

Manufacturing grows as supply chain disruption eases

The Independent  

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Economic growth hits highest rate since June, survey suggests
2 years, 10 months ago

Economic growth hits highest rate since June, survey suggests

The Independent  

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Manufacturing PMI signals Nov. output growth at 9-month high
3 years, 1 month ago

Manufacturing PMI signals Nov. output growth at 9-month high

The Hindu  

India’s manufacturing sector recorded the strongest production expansion in nine months in November, with the survey-based IHS Markit India Manufacturing Purchasing Managers’ Index climbing to 57.6, from October’s 55.9. A reading of 50 on the PMI indicates no change in economic activity levels.The November PMI signals the strongest improvement in the health of the manufacturing sector for 10 months, with …

India manufacturing PMI hits 10-month high in November
3 years, 1 month ago

India manufacturing PMI hits 10-month high in November

Live Mint  

NEW DELHI: India’s manufacturing activity grew at its fastest pace in 10 months in November, as companies scaled up input buying encouraged by strengthening demand and improving market conditions, which in turn led to the second-quickest accumulation in stocks of purchases since data collection started nearly 17 years ago, a private survey showed. Data released by the IHS Markit showed …

Services boom to nearly 11-year high in October
3 years, 2 months ago

Services boom to nearly 11-year high in October

The Hindu  

India’s services sector recorded its strongest output growth in ten and a half years in October, as reflected by the survey-based IHS Markit Services Purchasing Managers’ Index, which accelerated to 58.4 from 55.2 in September. “The recovery of the Services sector entered its third straight month, with firms scaling up activity at the fastest pace in ten-and-a-half years and creating …

Chances of an earlier-than-expected hike in interest rates increase
3 years, 5 months ago

Chances of an earlier-than-expected hike in interest rates increase

Daily Mail  

The prospect of a rise in interest rates by the Bank of England sooner than anticipated increased today after UK service sector companies saw the highest level of both cost and price inflation in a quarter of a century in July. And companies are beginning to pass on these costs to customers, with selling prices rocketing to the highest level …

Inflation pressure rise as growth slows in UK’s service sector
3 years, 5 months ago

Inflation pressure rise as growth slows in UK’s service sector

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Growth among UK service companies …

IHS Markit's survey says India's manufacturing sector registered the strongest growth in July in the last three months
3 years, 5 months ago

IHS Markit's survey says India's manufacturing sector registered the strongest growth in July in the last three months

Op India  

As per the IHS’s recently released monthly Survey, India’s manufacturing sector witnessed the strongest growth in the manufacturing sector in July in the last three months. Asserting the strongest growth rate, the seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index rose from 48.1 in June to 55.3 in July. Pollyanna De Lima, Economics Associate Director at IHS Markit said, …

Factory Orders, Production Rise at Slowest Rates in 8 Months in April in India: PMI
3 years, 8 months ago

Factory Orders, Production Rise at Slowest Rates in 8 Months in April in India: PMI

News 18  

India’s manufacturing sector activity was largely flat in April, as rates of growth for new orders and output eased to eight-month lows amid the intensification of the Covid-19 crisis, a monthly survey said on Monday. “The PMI results for April showed a further slowdown in rates of growth for new orders and output, both of which eased to eight-month lows …

Manufacturing PMI improves marginally
3 years, 8 months ago

Manufacturing PMI improves marginally

Live Mint  

Exports saved the day for Indian manufacturing in April, at a time the second pandemic wave continues to destroy domestic demand. Manufacturing activity in April improved a tad as new export orders rose at the fastest pace since October, cancelling out the impact of new domestic factory orders and output falling to eight-month lows. Data released by analytics firm IHS …

US factories grew in December at fastest pace since mid-2018
4 years ago

US factories grew in December at fastest pace since mid-2018

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy American factories grew in December …

Orders for big-ticket manufactured goods up 0.9% in November
4 years ago

Orders for big-ticket manufactured goods up 0.9% in November

The Independent  

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India's Manufacturing Sector Loses Growth Momentum In Nov; Covid-Related Restrictions Impacted output: PMI
4 years, 1 month ago

India's Manufacturing Sector Loses Growth Momentum In Nov; Covid-Related Restrictions Impacted output: PMI

ABP News  

India's manufacturing sector lost growth momentum in November, as a slower order flow and Covid-related restrictions impacted output.The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index fell after posting the strongest improvement in the health of the sector in over a decade during October. "Aggregate new orders rose at the slowest pace in three months," the Manufacturing PMI …

India’s Sept. manufacturing PMI sees fastest pace of growth in over 8 years
4 years, 3 months ago

India’s Sept. manufacturing PMI sees fastest pace of growth in over 8 years

The Hindu  

India’s manufacturing sector activity improved for the second straight month i n September and touched an over eight-and-a-half-year high supported by accelerated increases in new orders and production, even as firms reduced staff numbers, a monthly survey said on Thursday. The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index increased from 52.0 in August to 56.8 in September …

UK manufacturers ramp-up job cuts despite post-lockdown rebound in production
4 years, 4 months ago

UK manufacturers ramp-up job cuts despite post-lockdown rebound in production

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK manufacturers ramped up job …

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