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PMI® Commentary and Analysis

Reliable and timely insight into the health of the global economy

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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Viewing 301 - 600 of 3446 results

  1. Week Ahead Economic Preview: Week of 31 July 2023

    28 July 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    The week ahead features another busy schedule before the diary starts to quieten down for the holiday season.

    • Purchasing Managers’ Index (PMI)
  2. Flash PMI signal further cooling of developed world economic growth in July

    25 July 2023 Chris Williamson

    Economic growth trends generally worsened at the start of the third quarter, according to the flash PMI surveys.

    • Purchasing Managers’ Index (PMI)
  3. Flash US PMI signals growth slowdown but stubborn price pressures at start of third quarter

    24 July 2023 Chris Williamson

    July is seeing an unwelcome combination of slower economic growth, weaker job creation, gloomier business confidence and sticky inflation, according...

    • Purchasing Managers’ Index (PMI)
  4. United Kingdom flash PMI data point to cooler inflation as economy stalls

    24 July 2023 Chris Williamson

    The UK economy has come close to stalling in July which, combined with gloomy forward-looking indicators, reignites recession worries

    • Purchasing Managers’ Index (PMI)
  5. Eurozone flash PMI signals cooling inflation amid rising recession risks

    24 July 2023 Chris Williamson

    Eurozone business output fell at the fastest rate for eight months in July, according to the latest HCOB flash PMI survey data produced by S&P...

    • Purchasing Managers’ Index (PMI)
  6. Japan's economic growth sustains in July though price pressures and outlook worsen

    24 July 2023 Jingyi Pan

    Japan's private sector economy continued to expand at a strong pace at the start of the second half of 2023, according to flash PMI data, extending...

    • Purchasing Managers’ Index (PMI)
  7. Singapore economic growth weakens in first half of 2023

    21 July 2023 Rajiv Biswas

    Singapore’s advance estimate for second quarter GDP for 2023 showed weak expansion at a pace of 0.7% year-on-year, albeit slightly higher than...

    • Purchasing Managers’ Index (PMI)
  8. Week Ahead Economic Preview: Week of 24 July 2023

    21 July 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMI data for July, due Monday, kickstarts economic data reporting for the second half of 2023, providing the earliest insights into economic...

    • Purchasing Managers’ Index (PMI)
  9. Emerging markets perform resiliently in the year-to-date despite growing cyclical headwinds

    20 July 2023 Joseph Hayes

    Manufacturers in emerging markets have performed strongly over the past 12 months, withstanding the economic drag from weakening global trade...

    • Purchasing Managers’ Index (PMI)
  10. Inflation and growth signals: what to watch for in the upcoming July PMI surveys

    19 July 2023 Chris Williamson

    Further insights into these two key issues facing policymakers and markets around the world will be provided by the upcoming PMI surveys, commencing...

    • Purchasing Managers’ Index (PMI)
  11. Thailand’s economic outlook for 2023 boosted by rising tourism inflows

    14 July 2023 Rajiv Biswas

    Thailand has shown a gradual economic recovery from the COVID-19 pandemic during 2022, helped by rising international tourism arrivals.

    • Purchasing Managers’ Index (PMI)
  12. Week Ahead Economic Preview: Week of 17 July 2023

    14 July 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    A busy economic calendar for the week ahead is filled with more inflation numbers, notably from the UK, eurozone and Japan.

    • Purchasing Managers’ Index (PMI)
  13. Global trade falls at fastest rate for five months in June

    12 July 2023 Chris Williamson

    The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated a sixteenth monthly fall in export...

    • Purchasing Managers’ Index (PMI)
  14. Monthly PMI Bulletin: July 2023

    12 July 2023 Jingyi Pan

    The global economic expansion decelerated at the end of the second quarter as a renewed contraction in manufacturing output was accompanied by...

    • Purchasing Managers’ Index (PMI)
  15. Sector PMI finds hints of service sector inflation cooling amid waning demand from consumers

    07 July 2023 Chris Williamson

    Detailed S&P Global sector PMI survey data have shown resilient worldwide economic growth in early 2023 to have been fuelled by resurgent demand...

    • Purchasing Managers’ Index (PMI)
  16. Vietnam Economy Moderates in First Half of 2023 as Exports Slump

    07 July 2023 Rajiv Biswas

    Vietnam's GDP growth rate moderated to a pace of 3.7% year-on-year (y/y) in the first half of 2023, after rapid GDP growth of 8.0% y/y in 2022...

    • Purchasing Managers’ Index (PMI)
  17. Week Ahead Economic Preview: Week of 10 July 2023

    07 July 2023 Rajiv Biswas Chris Williamson

    Inflation data in the US takes centre stage in the coming week as investors seek guidance on the Fed’s next steps after it paused its rate hikes...

    • Purchasing Managers’ Index (PMI)
  18. Labour costs keep inflation elevated worldwide in June

    06 July 2023 Chris Williamson

    The Global PMI data – compiled by S&P Global across over 40 economies and sponsored by JPMorgan – showed companies' costs and selling prices...

    • Purchasing Managers’ Index (PMI)
  19. Global growth loses momentum as service sector slowdown accompanies factory downturn

    06 July 2023 Chris Williamson

    The global economy continued to expand in June, according to the S&P Global PMI surveys, based on data provided by over 27,000 companies. However...

    • Purchasing Managers’ Index (PMI)
  20. Global factory sector reports renewed decline in June as demand environment worsens

    03 July 2023 Chris Williamson

    The JPMorgan Global PMI™ , registered 48.8 in June, down from 49.6 in May

    • Purchasing Managers’ Index (PMI)
  21. Worldwide producer price deflation gathers pace in June

    03 July 2023 Chris Williamson

    Average prices charged by factories for their goods fell worldwide for a second straight month in June

    • Purchasing Managers’ Index (PMI)
  22. US manufacturing downturn accompanied by slumping price pressures

    03 July 2023 Chris Williamson

    The health of the US manufacturing sector took a sharp turn for the worse in June, according to latest PMI data

    • Purchasing Managers’ Index (PMI)
  23. South Korea continues to face headwinds from weak exports

    30 June 2023 Rajiv Biswas

    South Korea has faced continuing economic headwinds during the first half of 2023, due to the impact of weak exports and the cumulative transmission...

    • Purchasing Managers’ Index (PMI)
  24. Week Ahead Economic Preview: Week of 3 July 2023

    30 June 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    The opening week for the second half of 2023 packs a multitude of economic data highlights including worldwide PMI figures plus US ISM data and...

    • Purchasing Managers’ Index (PMI)
  25. APAC tourism surges in first half of 2023

    25 June 2023 Rajiv Biswas

    There have been significant headwinds to Asia-Pacific (APAC) merchandise exports during the first half of 2023 due to weak growth in key export...

    • Purchasing Managers’ Index (PMI)
  26. Week Ahead Economic Preview: Week of 26 June 2023

    25 June 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    A series of inflation readings will be highlights in the final week of June as markets grapple with the likelihood of further interest rate hikes....

    • Purchasing Managers’ Index (PMI)
  27. Flash PMI data for June signal cooler global price trends amid mounting growth risks

    23 June 2023 Chris Williamson

    June's flash PMI surveys rounded off a solid second quarter, with all four largest developed world economies having continued to grow in June...

    • Purchasing Managers’ Index (PMI)
  28. UK Flash PMI surveys signal growth slowdown in June as rate hikes take their toll

    23 June 2023 Chris Williamson

    June's flash PMI survey data rounded off a solid quarter of growth for the UK economy, though the pace of expansion slowed

    • Purchasing Managers’ Index (PMI)
  29. Eurozone flash PMI shows inflation pressures cooling in June as economic upturn fades

    23 June 2023 Chris Williamson

    Eurozone business output growth came close to stalling in June, according to the latest HCOB flash PMI survey data produced by S&P Global, pointing...

    • Purchasing Managers’ Index (PMI)
  30. Japan June flash PMI data signal solid expansion at end of Q2 despite moderation in growth momentum

    23 June 2023 Jingyi Pan

    Despite a slowdown in growth momentum from May, as signalled by the latest June flash PMI data for Japan, a solid quarter of growth is expected...

    • Purchasing Managers’ Index (PMI)
  31. Global pricing power sinks to two-and-a-half year low as higher interest rates take their toll

    22 June 2023 Chris Williamson

    Tracking the impact of higher interest rates on inflation is made easier by survey data that reveal the extent to which prices are changing due...

    • Purchasing Managers’ Index (PMI)
  32. Nigerian business activity recovers as cash crisis eases

    19 June 2023 Andrew Harker

    The easing of the cash crisis in Nigeria has alleviated pressure on firms in recent months and helped the private sector mount a recovery from...

    • Purchasing Managers’ Index (PMI)
  33. Uneven impact of high interest rates: manufacturing struggles while service thrives

    19 June 2023 Pollyanna De Lima

    The Brazilian economy avoided entering a technical recession in the opening quarter of 2023, with a growth rate of 1.9% largely beating market...

    • Purchasing Managers’ Index (PMI)
  34. Week Ahead Economic Preview: Week of 19 June 2023

    16 June 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMI for June will offer a first look into economic conditions across major developed economies while central bank meetings continue in...

    • Purchasing Managers’ Index (PMI)
  35. Monthly PMI Bulletin: June 2023

    09 June 2023 Jingyi Pan

    The global economic expansion further accelerated midway into the second quarter, though it remains buoyed primarily by growth within the service...

    • Purchasing Managers’ Index (PMI)
  36. Week Ahead Economic Preview: Week of 12 June 2023

    09 June 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    Central bank meetings in the US, eurozone, Japan, Taiwan and Hong Kong SAR will be the highlights next week as we hear central bankers’ views...

    • Purchasing Managers’ Index (PMI)
  37. Financial services lead global growth higher in May, stoking inflation

    07 June 2023 Chris Williamson

    S&P Global PMI survey data show global growth to have been led by the financial services industry in May, for which a broad-based upturn was...

    • Purchasing Managers’ Index (PMI)
  38. Wage pressures keep global inflation elevated, most notably in the UK, but goods prices fall

    07 June 2023 Chris Williamson

    Inflationary pressures eased globally in May, according to the latest PMI survey data, though remained elevated thanks principally to wage pressures...

    • Purchasing Managers’ Index (PMI)
  39. Global growth at one-and-a-half year high in May as demand for services continues to revive

    06 June 2023 Chris Williamson

    Global growth hit the fastest for a year and half midway through the second quarter, according to the S&P Global PMI surveys based on data provided...

    • Purchasing Managers’ Index (PMI)
  40. Singapore economy weakens in early 2023

    02 June 2023 Rajiv Biswas

    Singapore's GDP growth slowed to a pace of 0.4% year-on-year (y/y) in the first quarter of 2023, after recording quarterly growth momentum of...

    • Purchasing Managers’ Index (PMI)
  41. Week Ahead Economic Preview: Week of 5 June 2023

    02 June 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    Following the release of manufacturing PMI data, services, composite and sector PMI releases will be a key highlight in the coming week for the...

    • Purchasing Managers’ Index (PMI)
  42. Global factory output buoyed by healing supply chains, but demand for goods continues to fall

    01 June 2023 Chris Williamson

    The PMI registered 49.6 in May, unchanged for a third successive month and indicating a marginal deterioration of business conditions

    • Purchasing Managers’ Index (PMI)
  43. Global producer prices fall for first time in three years

    01 June 2023 Chris Williamson

    Average prices charged by factories for their goods fell globally in May for the first time in three years

    • Purchasing Managers’ Index (PMI)
  44. Thailand's economy rebounds in early 2023 as tourism surges

    26 May 2023 Rajiv Biswas

    Thailand has shown a gradual economic recovery from the COVID-19 pandemic during 2022, helped by rising international tourism arrivals.

    • Purchasing Managers’ Index (PMI)
  45. Week Ahead Economic Preview: Week of 29 May 2023

    26 May 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    Worldwide manufacturing PMI data will be keenly watched in the coming week alongside the May US labour market report.

    • Purchasing Managers’ Index (PMI)
  46. Flash PMI data signal fastest developed world growth for 11 months, price pressures rise further

    24 May 2023 Chris Williamson

    Economic growth across the four largest developed economies has accelerated to the fastest for 13 months in May, according to early 'flash' PMI...

    • Purchasing Managers’ Index (PMI)
  47. Eurozone Flash PMI at three-month low as steepening factory downturn offsets services revival

    23 May 2023 Chris Williamson

    Eurozone business output grew for a fifth straight month in May, according to the latest HCOB flash PMI survey data produced by S&P Global

    • Purchasing Managers’ Index (PMI)
  48. Service sector drives sustained strong UK economic expansion in May, says flash PMI surveys

    23 May 2023 Chris Williamson

    The UK economy enjoyed another month of strong growth in May, with the expansion continuing to be driven by surging post-pandemic demand in the...

    • Purchasing Managers’ Index (PMI)
  49. Japan May flash PMI data signal economic acceleration to fastest since 2013 midway into the second quarter

    23 May 2023 Jingyi Pan

    Following the strong official Q1 GDP and April inflation readings, May flash PMI data indicated growth continuing at the fastest rate since October...

    • Purchasing Managers’ Index (PMI)
  50. Service sector drives growth in Spain as divergence with manufacturing widens

    19 May 2023 Laura Denman

    With Spain continuing to spearhead the wider Eurozone recovery, we take a deeper dive into the country's latest HCOB PMI data

    • Purchasing Managers’ Index (PMI)
  51. Malaysian economy shows sustained expansion in early 2023

    19 May 2023 Rajiv Biswas

    The Malaysian economy grew at a pace of 5.6% year-on-year (y/y) in the first quarter of 2023, showing continued rapid expansion after annual...

    • Purchasing Managers’ Index (PMI)
  52. Week Ahead Economic Preview: Week of 22 May 2023

    19 May 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMI for May will be released in the coming week for a first look at economic conditions midway into the second quarter.

    • Purchasing Managers’ Index (PMI)
  53. Japan flash PMI data awaited after GDP confirms survey data strength in first quarter

    18 May 2023 Chris Williamson

    Japan's first quarter official GDP data surprised to the upside, signalling a stronger than anticipated revival of economic growth.

    • Purchasing Managers’ Index (PMI)
  54. Global goods trade shrinks while services trade remains on the rise in April

    18 May 2023 Jingyi Pan

    The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated a fourteenth successive monthly fall...

    • Purchasing Managers’ Index (PMI)
  55. Previewing the May flash PMI surveys: assessing growth resilience and inflation indicators

    17 May 2023 Chris Williamson

    Ahead of the flash PMI releases for the US, Eurozone, UK, Japan and Australia, we recap on the latest survey findings from the April S&P Global...

    • Purchasing Managers’ Index (PMI)
  56. Taiwan economy slumps into recession

    11 May 2023 Rajiv Biswas

    Taiwan’s export-driven economy has been hit by slumping exports, resulting in GDP contracting by 3.0% year-on-year (y/y) in the first quarter...

    • Purchasing Managers’ Index (PMI)
  57. Week Ahead Economic Preview: Week of 15 May 2023

    11 May 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    The week ahead sees a packed economic calendar with key releases due from the US to mainland China, notably for both including industrial production...

    • Purchasing Managers’ Index (PMI)
  58. Monthly PMI Bulletin: May 2023

    09 May 2023 Jingyi Pan Chris Williamson

    The global economic expansion accelerated at the start of the second quarter, buoyed primarily by faster services activity growth while manufacturing...

    • Purchasing Managers’ Index (PMI)
  59. Load shedding programme weakens business capacity and outlook in South Africa in April

    09 May 2023 David Owen

    South African companies struggled with multiple headwinds at the start of the second quarter

    • Purchasing Managers’ Index (PMI)
  60. Inflation trends diverge as service sector growth spurt drives global growth to 16-month high

    09 May 2023 Chris Williamson

    A further acceleration of services sector growth pushed the pace of global expansion to a 16-month high in April, according to the S&P Global...

    • Purchasing Managers’ Index (PMI)
  61. Resurgent service sector in mainland China drives strong economic growth at start of second quarter

    05 May 2023 Chris Williamson

    A strong start to the second quarter was heralded by April's PMI data for China, with expanding business activity being driven by resurgent demand...

    • Purchasing Managers’ Index (PMI)
  62. India’s economy continues to expand as inflation moderates

    05 May 2023 Rajiv Biswas

    The Indian economy showed rapid growth in 2022, the second consecutive year of strong recovery following deep economic contraction in 2020 due...

    • Purchasing Managers’ Index (PMI)
  63. Week Ahead Economic Preview: Week of 8 May 2023

    05 May 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    The upcoming week packs various key data releases, in addition to a monetary policy meeting in the UK.

    • Purchasing Managers’ Index (PMI)
  64. Factories slide back into decline and prices fall in Mainland China as boost from reopening economy fades

    04 May 2023 Chris Williamson

    April's PMI data pointed to a renewed decline of manufacturing activity in mainland China, as demand for goods showed signs of falling after...

    • Purchasing Managers’ Index (PMI)
  65. Global factory output inches higher as supply improvements offset falling demand

    04 May 2023 Chris Williamson

    A marginal improvement in global manufacturing output was recorded for a third consecutive month in April

    • Purchasing Managers’ Index (PMI)
  66. Electronics sector reports greatest improvement in supply chains since 2001

    02 May 2023 Chris Williamson

    Improving supply chains are helping global electronics companies fulfil backlogs of orders and stabilise production after substantial output...

    • Purchasing Managers’ Index (PMI)
  67. South Korea resumes positive GDP growth in early 2023

    02 May 2023 Rajiv Biswas

    The South Korean economy returned to positive economic growth in the first quarter of 2023, albeit at a modest pace of 0.3% quarter-on-quarter....

    • Purchasing Managers’ Index (PMI)
  68. Week Ahead Economic Preview: Week of 1 May 2023

    28 April 2023 Rajiv Biswas Maryam Baluch Chris Williamson

    The start of May sees a truncated week for some amid public holidays, but it's nevertheless a busy diary which includes worldwide PMI data, US...

    • Purchasing Managers’ Index (PMI)
  69. Flash PMI data signal fastest developed world growth for 11 months, price pressures rise further

    24 April 2023 Chris Williamson

    Economic growth across the four largest developed economies has accelerated to the fastest for 11 months in April, according to early 'flash'...

    • Purchasing Managers’ Index (PMI)
  70. Philippines on Track to Become One Trillion Dollar Economy by 2033

    24 April 2023 Rajiv Biswas

    The Philippines economy grew at a pace of 7.6% in 2022, the fastest rate of economic growth recorded by the Philippines since 1976

    • Purchasing Managers’ Index (PMI)
  71. US flash PMI signals further acceleration of economic growth in April, but resurgent demand also brings higher price pressures

    21 April 2023 Chris Williamson

    The latest PMI survey data from S&P Global adds to signs that business activity has regained growth momentum after contracting over the seven...

    • Purchasing Managers’ Index (PMI)
  72. Eurozone flash PMI signals strong start to second quarter thanks to resurgent service sector

    21 April 2023 Chris Williamson

    Eurozone business activity growth accelerated to an 11-month high in April according to the latest flash PMI survey data, indicating that the...

    • Purchasing Managers’ Index (PMI)
  73. UK economic growth hits highest for a year according to April flash PMI surveys

    21 April 2023 Chris Williamson

    Flash PMI surveys indicated an acceleration of economic growth to the fastest for a year in April

    • Purchasing Managers’ Index (PMI)
  74. Japan's economy buoyed by record surge in demand for services in April, but factories remain in decline

    21 April 2023 Chris Williamson

    PMI survey data point to the Japanese economy enjoying a solid start to the second quarter

    • Purchasing Managers’ Index (PMI)
  75. Week Ahead Economic Preview: Week of 24 April 2023

    21 April 2023 Rajiv Biswas Maryam Baluch Chris Williamson

    Insights into economic growth in the first quarter will be the highlights of the coming week, as both the US and eurozone publish advance GDP...

    • Purchasing Managers’ Index (PMI)
  76. Previewing the April PMI surveys after global growth accelerated in March

    18 April 2023 Chris Williamson

    Ahead of the flash PMI releases for the US, Eurozone, UK, Japan and Australia, released on 21st April, we recap on the latest survey findings...

    • Purchasing Managers’ Index (PMI)
  77. Consumer services drive global economic expansion in March amid travel surge

    14 April 2023 Chris Williamson

    Detailed sector Purchasing Managers' Index (PMI) from S&P Global reveal how faster than anticipated economic growth in March can be traced to...

    • Purchasing Managers’ Index (PMI)
  78. Malaise of Egyptian non-oil economy continues in March as inflation soars

    14 April 2023 David Owen

    S&P Global's Egypt PMI™ continued to signal multiple headwinds on the private sector economy in March, rounding off a bleak first quarter of...

    • Purchasing Managers’ Index (PMI)
  79. Week Ahead Economic Preview: Week of 17 April 2023

    14 April 2023 Rajiv Biswas Maryam Baluch Chris Williamson

    A busy week for economy watchers culminates with flash PMI updates, which will provide important assessments of business conditions at the start...

    • Purchasing Managers’ Index (PMI)
  80. GDP flatlines in February, but private sector activity revives - albeit with uncertain outlook

    13 April 2023 Chris Williamson

    Official data add to survey evidence to suggest that private sector economic activity has revived so far this year after a difficult end to 2022...

    • Purchasing Managers’ Index (PMI)
  81. Vietnam Economy Moderates in Early 2023

    13 April 2023 Rajiv Biswas

    Vietnam's GDP growth rate moderated to a pace of 3.3% y/y in the first quarter of 2023, after rapid GDP growth of 8.0% y/y in 2022

    • Purchasing Managers’ Index (PMI)
  82. Monthly PMI Bulletin: April 2023

    12 April 2023 Usamah Bhatti Chris Williamson

    Global business activity growth accelerated at the end of the first quarter of 2023, allaying concerns of imminent recession in the global economy...

    • Purchasing Managers’ Index (PMI)
  83. Global inflation pressures moderate but remain elevated thanks to higher service sector prices

    11 April 2023 Chris Williamson

    Global inflationary pressures continued to moderate in March, though remained elevated by historical standards

    • Purchasing Managers’ Index (PMI)
  84. Global economic growth accelerates further in March amid service sector revival

    11 April 2023 Chris Williamson

    Global business activity accelerated further in March, reaching a nine-month high, according to the S&P Global PMI surveys based on data provided...

    • Purchasing Managers’ Index (PMI)
  85. Week Ahead Economic Preview: Week of 10 April 2023

    06 April 2023 Maryam Baluch Chris Williamson

    The coming week sees important updates to inflation rates in the US, mainland China and Eurozone, as well as the release of minutes from the...

    • Purchasing Managers’ Index (PMI)
  86. Supply improvement boosts global factory output, but demand continues to fall

    05 April 2023 Chris Williamson

    Global manufacturing output rose marginally for a second month in a row in March

    • Purchasing Managers’ Index (PMI)
  87. Global manufacturing input cost inflation sinks to 32-month low

    05 April 2023 Chris Williamson

    Worldwide manufacturing input costs rose in March at the slowest rate for 32 months

    • Purchasing Managers’ Index (PMI)
  88. Global manufacturing labour market cools amid shift to cost-cutting

    04 April 2023 Chris Williamson

    Global manufacturing employment barely rose in March, according to the latest PMI surveys compiled by S&P Global, the rate of job creation moderating...

    • Purchasing Managers’ Index (PMI)
  89. Singapore manufacturing output weakens in early 2023

    31 March 2023 Rajiv Biswas

    The Singapore economy recorded GDP growth of 3.6% year-on-year (y/y) in 2022, with quarterly growth momentum having moderated to 2.1% y/y in...

    • Purchasing Managers’ Index (PMI)
  90. Week Ahead Economic Preview: Week of 3 April 2023

    31 March 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    The turn of the month brings about a new set of worldwide PMI data ahead of the US labour market report on Friday.

    • Purchasing Managers’ Index (PMI)
  91. US flash PMI signals faster economic growth in March, but also warns of rising price pressures

    28 March 2023 Chris Williamson

    March saw a welcome acceleration of output growth to the fastest since May of last year, according to the flash PMI surveys

    • Purchasing Managers’ Index (PMI)
  92. Thailand’s tourism sector drives economic recovery

    28 March 2023 Rajiv Biswas

    Thailand has shown a gradual economic recovery from the COVID-19 pandemic during 2022, helped by rising international tourism arrivals.

    • Purchasing Managers’ Index (PMI)
  93. Flash PMI data signal accelerating developed world economic growth in March

    28 March 2023 Chris Williamson

    Economic growth accelerated across the four largest developed economies on average in March, pointing to a surprising resilience of growth amid...

    • Purchasing Managers’ Index (PMI)
  94. Week Ahead Economic Preview: Week of 27 March 2023

    27 March 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    After the Fed meeting and March flash PMI releases, a series of economic data takes over as the highlights to watch amid increasing financial...

    • Purchasing Managers’ Index (PMI)
  95. UK economic resilience in March signalled by flash PMI

    24 March 2023 Chris Williamson

    With the flash PMI surveys signalling a second month of rising output in March, the UK economy looks to have returned to growth in the first...

    • Purchasing Managers’ Index (PMI)
  96. UK wage growth cools amid uncertain economic outlook

    17 March 2023 Chris Williamson

    The latest official labour market data showed signs of cooling pay growth, confirming earlier signals from survey data of a softening jobs market....

    • Purchasing Managers’ Index (PMI)
  97. APAC region expected to be resilient to global headwinds in 2023

    17 March 2023 Rajiv Biswas

    Despite global economic headwinds from slowdowns in the US and EU economies, economic growth in the Asia-Pacific (APAC) region is forecast to...

    • Purchasing Managers’ Index (PMI)
  98. Week Ahead Economic Preview: Week of 20 March 2023

    17 March 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    A busy and important week ahead is packed with central bank policy decisions from the US, UK and Taiwan, while inflation data updates will be...

    • Purchasing Managers’ Index (PMI)
  99. Philippines amongst world's fastest growing emerging markets

    10 March 2023 Rajiv Biswas

    The Philippines economy grew at a pace of 7.6% in 2022, the fastest rate of economic growth recorded by the Philippines since 1976. The rapid...

    • Purchasing Managers’ Index (PMI)
  100. Week Ahead Economic Preview: Week of 13 March 2023

    10 March 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    Another action-packed week follows US Fed chair Jerome Powell's testimony to Congress and the US jobs report, with special attention on the upcoming...

    • Purchasing Managers’ Index (PMI)
  101. Nigeria cash crisis hits activity in February

    07 March 2023 Andrew Harker

    February Stanbic IBTC Bank PMI data, compiled by S&P Global, signalled the sharpest decline in business activity since the Nigeria PMI survey...

    • Purchasing Managers’ Index (PMI)
  102. Monthly PMI Bulletin: March 2023

    07 March 2023 Jingyi Pan

    The global economy saw a turnaround in February as activity rose for the first time in seven months, concluding the sequence of downturn.

    • Purchasing Managers’ Index (PMI)
  103. Surging demand for consumer services drives global economic expansion in February

    07 March 2023 Chris Williamson

    Detailed sector Purchasing Managers' Index (PMI) from S&P Global provide a unique deep-dive analysis of worldwide economic trends.

    • Purchasing Managers’ Index (PMI)
  104. Global employment picks up but persistent staff shortages drive up salary costs

    07 March 2023 Chris Williamson

    Global jobs growth accelerated to a six-month high in February as improving demand conditions and rising business confidence encouraged greater...

    • Purchasing Managers’ Index (PMI)
  105. Global economic growth accelerates to eight-month high in February

    06 March 2023 Chris Williamson

    Global business activity grew at its strongest rate for eight months in February, reviving further from the low seen last October

    • Purchasing Managers’ Index (PMI)
  106. Hong Kong SAR economy booms at fastest rate for over a decade amid surge in demand from mainland China

    03 March 2023 Chris Williamson

    Business is booming in Hong Kong SAR, with output growing at the fastest rate for over a decade. S&P Global's latest Purchasing Managers' Index...

    • Purchasing Managers’ Index (PMI)
  107. Week Ahead Economic Preview: Week of 6 March 2023

    02 March 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    A busy week ahead culminates with the US labour market report. Prior to which, key data releases include China's inflation and trade figures...

    • Purchasing Managers’ Index (PMI)
  108. India's economic growth moderates in last quarter of 2022

    02 March 2023 Rajiv Biswas

    The Indian economy has shown sustained economic expansion in the 2022 calendar year, with real GDP growth for the Fiscal Year (FY) 2022-23 estimated...

    • Purchasing Managers’ Index (PMI)
  109. Global factory output returns to growth amid China's reopening and supply chain improvements

    01 March 2023 Chris Williamson

    Global manufacturing output returned to growth in February after six months of decline

    • Purchasing Managers’ Index (PMI)
  110. US PMI data highlight ongoing plight of manufacturing amid falling demand and inventory reduction

    01 March 2023 Chris Williamson

    S&P Global's PMI surveys showed the US manufacturing sector remaining in steep decline in February. A lack of new orders suggest that production...

    • Purchasing Managers’ Index (PMI)
  111. Factory activity revives in mainland China as economy reopens

    01 March 2023 Chris Williamson

    While there were some uncertainties as to whether looser COVID-19 restrictions will boost the economy or lead to more disruption amid rising...

    • Purchasing Managers’ Index (PMI)
  112. Global manufacturing input cost growth eases but selling prices signal stubborn inflation

    01 March 2023 Chris Williamson

    Worldwide manufacturing input costs rose in February at the slowest rate since October 2020, the rate of inflation running sharply lower than...

    • Purchasing Managers’ Index (PMI)
  113. Week Ahead Economic Preview: Week of 27 February 2023

    24 February 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    Global manufacturing and services PMI data will be released in the coming week, following the updates from the February flash figures.

    • Purchasing Managers’ Index (PMI)
  114. Singapore budget 2023 highlights impact of demographic ageing

    24 February 2023 Rajiv Biswas

    The Singapore economy recorded GDP growth of 3.6% year-on-year (y/y) in 2022, with quarterly growth momentum having moderated to 2.1% y/y in...

    • Purchasing Managers’ Index (PMI)
  115. Global recession fears subside as flash PMI data signal revival of economic growth in February

    22 February 2023 Chris Williamson

    Provisional PMI survey data for February indicate encouraging resilience of the major developed economies of the world, with reviving output...

    • Purchasing Managers’ Index (PMI)
  116. Economy stabilizes but inflation heats up: top five charts from February's US flash PMI data

    21 February 2023 Chris Williamson

    Business activity in the US picked up in February according to the latest business survey data from S&P Global, but price pressures also showed...

    • Purchasing Managers’ Index (PMI)
  117. February flash PMI reveals lacklustre demand conditions for Australia and Japan

    21 February 2023 Jingyi Pan

    Japan and Australia saw private sector performances varying into February, whereby the flash composite PMI steadied in mild expansion territory...

    • Purchasing Managers’ Index (PMI)
  118. UK recession risks ebb as flash UK PMI signals resurgent economic growth in February

    21 February 2023 Chris Williamson

    Much better than anticipated PMI data for February indicate encouraging resilience of the economy in the face of headwinds which include rising...

    • Purchasing Managers’ Index (PMI)
  119. Recession fears fade as Eurozone flash PMI registers accelerating economic growth in February

    21 February 2023 Chris Williamson

    Eurozone business activity growth accelerated to a nine-month high in February, reflecting an improved performance of the service sector and...

    • Purchasing Managers’ Index (PMI)
  120. Malaysia records buoyant GDP growth in 2022

    17 February 2023 Rajiv Biswas

    The Malaysian economy showed rapid annual economic growth in 2022, at a pace of 8.7% year-on-year (y/y). This was the fastest annual GDP growth...

    • Purchasing Managers’ Index (PMI)
  121. Week Ahead Economic Preview: Week of 20 February 2023

    17 February 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMI data will be released in the week ahead for a first look into February economic conditions across the major developed economies.

    • Purchasing Managers’ Index (PMI)
  122. Week Ahead Economic Preview: Week of 13 February 2023

    13 February 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    A busy data week ahead contains inflation updates from both the US and UK.

    • Purchasing Managers’ Index (PMI)
  123. Sector PMI present mixed picture for global growth at the start of 2023

    10 February 2023 Jingyi Pan . [pulled from SAP]

    Purchasing Managers' Index (PMI) from S&P Global provide a unique insight into worldwide economic trends, allowing the analysis of business activity...

    • Purchasing Managers’ Index (PMI)
  124. Taiwan economy hit by slump in exports

    10 February 2023 Rajiv Biswas

    Taiwan's export-driven economy has been hit by slumping exports, resulting in GDP contracting by 0.9% year-on-year (y/y) in the fourth quarter...

    • Purchasing Managers’ Index (PMI)
  125. Ghana's economic downturn moderates amid debt deal

    09 February 2023 Andrew Harker

    The economic downturn in Ghana's private sector softened at the start of 2023 as inflationary pressures showed signs of easing

    • Purchasing Managers’ Index (PMI)
  126. Recession-resistant recruitment set to continue as business confidence picks up

    08 February 2023 Joseph Hayes Andrew Harker

    A jump in business confidence at the start of 2023 amid signs that downturns across key developed economies may be shorter and less severe than...

    • Purchasing Managers’ Index (PMI)
  127. Wage growth cools as labour market softens further in January, but jobs outlook brightens

    08 February 2023 Chris Williamson

    The UK labour market remained soft at the start of 2023 with employment coming under pressure from weak demand for staff from employers

    • Purchasing Managers’ Index (PMI)
  128. Monthly PMI Bulletin: February 2023

    07 February 2023 Jingyi Pan

    The global downturn persisted for the sixth straight month at the start of the new year though the rate of decline eased to only a marginal pace...

    • Purchasing Managers’ Index (PMI)
  129. Global recession risk eases as PMI climbs to six-month high in January

    06 February 2023 Chris Williamson

    Global business activity fell for a sixth straight month in January, according to the S&P Global PMI surveys, based on data provided by over...

    • Purchasing Managers’ Index (PMI)
  130. US PMI survey data hint at first quarter GDP contraction

    03 February 2023 Chris Williamson

    Look through the volatile and backward-looking official data and there are signs that the US economy has cooled sharply in recent months, with...

    • Purchasing Managers’ Index (PMI)
  131. Week Ahead Economic Preview: Week of 6 February 2023

    03 February 2023 Jingyi Pan Chris Williamson

    Central bank meetings in Australia and India will be closely watched post the Fed meeting while comments from Federal Open Market Committee (FOMC)...

    • Purchasing Managers’ Index (PMI)
  132. Mainland China's resurgent service sector growth and near-record confidence fuel economy hopes for 2023

    03 February 2023 Chris Williamson

    As hoped, looser COVID-19 restrictions have boosted service sector activity in mainland China, adding to hopes that resurgent economic growth...

    • Purchasing Managers’ Index (PMI)
  133. Hong Kong businesses start 2023 in most optimistic mood for over a decade

    03 February 2023 Chris Williamson

    Business prospects for the year ahead rose in January to the highest since comparable data were first available in 2012, as looser COVID-19 restrictions...

    • Purchasing Managers’ Index (PMI)
  134. South Korea's economy faces rising headwinds in 2023

    03 February 2023 Rajiv Biswas

    The South Korean economy slowed significantly during the second half of 2022, with GDP contracting by 0.4% quarter-on-quarter (q/q) in the fourth...

    • Purchasing Managers’ Index (PMI)
  135. Taiwan leads global trade downturn at start of 2023, but rate of export decline eases

    01 February 2023 Chris Williamson

    Global trade flows fell for an eleventh consecutive month in January, according to S&P Global PMI surveys, sending a signal that the global economy...

    • Purchasing Managers’ Index (PMI)
  136. Price pressures alleviated by falling demand, fewer supply delays and inventory reduction policies

    01 February 2023 Chris Williamson

    Global manufacturing supply chains continued to show signs of healing in January which, combined with falling demand for factory inputs, points...

    • Purchasing Managers’ Index (PMI)
  137. Global factory downturn shows signs of easing as China re-opens

    01 February 2023 Chris Williamson

    Global manufacturing output fell for a sixth successive month in January, according to the JPMorgan Global Manufacturing Purchasing Managers'...

    • Purchasing Managers’ Index (PMI)
  138. Week Ahead Economic Preview: Week of 30 January 2023

    27 January 2023 Jingyi Pan Chris Williamson

    A busy week ahead sees eagerly anticipated central bank meetings in the US, UK and eurozone accompanied by some of the most important monthly...

    • Purchasing Managers’ Index (PMI)
  139. US January's flash PMI data add to recession signals, but also point to rising cost pressures

    25 January 2023 Chris Williamson

    The US economy has started 2023 on a disappointingly soft note, with business activity contracting sharply again in January according to the...

    • Purchasing Managers’ Index (PMI)
  140. Eurozone recession risks fade as PMI returns to growth territory in January

    24 January 2023 Chris Williamson

    The start of 2023 saw eurozone business activity rise marginally, according to flash PMI data from S&P Global, showing a tentative return to...

    • Purchasing Managers’ Index (PMI)
  141. Flash UK PMI data signal steeper economic decline at start of year, but prospects brighten

    24 January 2023 Chris Williamson

    Weaker than expected PMI numbers in January underscore the risk of the UK slipping into recession

    • Purchasing Managers’ Index (PMI)
  142. Week Ahead Economic Preview: Week of 23 January 2023

    20 January 2023 Jingyi Pan Chris Williamson

    January flash PMI data from major developed economies will be unveiled in the coming week for the earliest indications of economic conditions...

    • Purchasing Managers’ Index (PMI)
  143. Philippines economy shows strong expansion

    20 January 2023 Rajiv Biswas

    The Philippines economy has rebounded strongly during 2022 from the negative impact of the COVID-19 Delta wave that hit the nation in the second...

    • Purchasing Managers’ Index (PMI)
  144. Recession risks and inflation indicators: previewing January's US flash PMI data

    18 January 2023 Chris Williamson

    Amid speculation that the US could be slipping into a recession, upcoming flash PMI data will be eagerly assessed to gauge the business climate...

    • Purchasing Managers’ Index (PMI)
  145. Singapore economic expansion moderates as global economy slows

    17 January 2023 Rajiv Biswas

    The Singapore economy grew at a pace of 3.8% year-on-year (y/y) in 2022, helped by significant easing of pandemic-related restrictions.

    • Purchasing Managers’ Index (PMI)
  146. Week Ahead Economic Preview: Week of 16 January 2023

    13 January 2023 Jingyi Pan Chris Williamson

    The week ahead will again be adorned with an abundance of economic data including December's retail sales and industrial production figures from...

    • Purchasing Managers’ Index (PMI)
  147. Labour market cools as recruitment downturn intensifies

    11 January 2023 Chris Williamson

    The UK labour market continued to cool at the end of 2022, according to survey data compiled by S&P Global

    • Purchasing Managers’ Index (PMI)
  148. Monthly PMI Bulletin: January 2023

    08 January 2023 Jingyi Pan

    The global downturn persisted for the fifth straight month in December 2022 but at a slower rate compared to November.

    • Purchasing Managers’ Index (PMI)
  149. Global business activity contracts for fifth successive month as demand downturn accelerates

    06 January 2023 Chris Williamson

    Global business activity fell for a fifth consecutive month in December, with the rate of decline moderating slightly amid improved supply conditions...

    • Purchasing Managers’ Index (PMI)
  150. Global downturn led by slump in financial services as borrowing costs ratchet higher

    06 January 2023 Chris Williamson

    Purchasing Managers' Index (PMI) from S&P Global provide a unique insight into worldwide economic tends, allowing the analysis of business activity...

    • Purchasing Managers’ Index (PMI)
  151. Week Ahead Economic Preview: Week of 9 January 2023

    06 January 2023 Rajiv Biswas Jingyi Pan Chris Williamson

    The coming week will see a number of key releases including US and China CPI data and China's trade numbers.

    • Purchasing Managers’ Index (PMI)
  152. Global price pressures cool further as end of 2022 sees manufacturers cut capacity: 10 key charts

    04 January 2023 Chris Williamson

    Global manufacturing output fell for a fifth successive month in December 2022

    • Purchasing Managers’ Index (PMI)
  153. ASEAN manufacturing outlook for 2023 softens as demand remains lacklustre

    04 January 2023 Jingyi Pan

    ASEAN manufacturers continued to experience a slowdown at the end of 2022, with December's PMI data indicating the softest output expansion in...

    • Purchasing Managers’ Index (PMI)
  154. Week Ahead Economic Preview: Week of 26 December 2022

    23 December 2022 Jingyi Pan

    The final week of 2022 brings about a series of data releases before the new year ushers in worldwide manufacturing and services PMI data for...

    • Purchasing Managers’ Index (PMI)
  155. Week Ahead Economic Preview: Week of 19 December 2022

    19 December 2022 Jingyi Pan Chris Williamson

    More central bank meetings are expected in the coming week across Japan and Indonesia following a busy week in which the Fed and ECB signalled...

    • Purchasing Managers’ Index (PMI)
  156. Flash PMI survey data signal growing impact from rate hikes on economy and inflation

    16 December 2022 Chris Williamson

    December saw the US economic downturn gather momentum, according to early PMI survey data, as demand for goods and services slumped at one of...

    • Purchasing Managers’ Index (PMI)
  157. Flash PMI data signal worsening developed market economic growth, but also point to a further sharp cooling of price pressures

    16 December 2022 Chris Williamson

    Flash PMI survey data for December showed the pace of economic growth weakening across the developed markets on average to register one of the...

    • Purchasing Managers’ Index (PMI)
  158. Eurozone recession fears ease as flash PMI signals slower rate of contraction for second month

    16 December 2022 Chris Williamson

    The eurozone downturn extended into its sixth successive month in December, according to flash PMI data, though the rate of decline of business...

    • Purchasing Managers’ Index (PMI)
  159. Flash UK PMI data signal cooling inflation and moderating downturn, but jobs are cut amid uncertain outlook

    16 December 2022 Chris Williamson

    The UK economy contracted for a fifth month in December, according to provisional PMI survey data, with companies cutting staff for the first...

    • Purchasing Managers’ Index (PMI)
  160. Global Autos production slumps in November amid declining demand

    15 December 2022 Laura Denman

    Latest global sector PMI data, compiled by S&P Global, highlighted the tough conditions being faced by Automobiles & Autoparts manufacturers...

    • Purchasing Managers’ Index (PMI)
  161. Recruitment downturn signals cooling wage growth in UK

    12 December 2022 Chris Williamson

    Signs of a marked cooling in the UK labour market were provided by the latest survey of recruitment agencies, which saw the number of people...

    • Purchasing Managers’ Index (PMI)
  162. Asia PMI indicates region slipping further into contraction ahead of 2023 arrival

    12 December 2022 Jingyi Pan

    The Asia region as a whole had seen a shallower decline in the early months of the COVID-19 pandemic but consequently found the recovery pace...

    • Purchasing Managers’ Index (PMI)
  163. Expectations of further Fed tightening in December, as PMI survey data suggest policy is helping cool inflation and reduce demand

    09 December 2022 Sian Jones

    Recent PMI data for the US compiled by S&P Global have shown inflationary pressures easing sharply as demand for goods, services and inputs cools...

    • Purchasing Managers’ Index (PMI)
  164. Global employment trend softens in November but labour shortages and hiring challenges support continued jobs growth

    09 December 2022 Pollyanna De Lima Joseph Hayes Andrew Harker

    While the downturn in global private sector business activity entered its fourth month in November, employment continued to rise

    • Purchasing Managers’ Index (PMI)
  165. Week Ahead Economic Preview: Week of 12 December 2022

    09 December 2022 Jingyi Pan Chris Williamson

    Central bankers around the world meet in the coming week before winding down for the end of 2022 with monetary policy meetings scheduled across...

    • Purchasing Managers’ Index (PMI)
  166. Global sector data reveal broadening slowdown with financial services leading the downturn

    07 December 2022 Jingyi Pan

    Global business conditions worsened in the penultimate month of the year according to the JPMorgan Global Composite PMI, compiled by S&P Global....

    • Purchasing Managers’ Index (PMI)
  167. Monthly PMI Bulletin: December 2022

    07 December 2022 Jingyi Pan

    The global slowdown accelerated midway into the final quarter of the year with both manufacturing and services output deepening in contraction....

    • Purchasing Managers’ Index (PMI)
  168. Worldwide industrial prices rise at slowest rate in two years as demand cools and supply constraints ease

    02 December 2022 Chris Williamson

    The global manufacturing PMI survey revealed a further easing of inflationary pressures in November, with firms' costs rising at the slowest...

    • Purchasing Managers’ Index (PMI)
  169. Week Ahead Economic Preview: Week of 5 December 2022

    02 December 2022 Jingyi Pan Chris Williamson

    Worldwide services PMI data will be due at the start of a busy week that includes central bank meetings in Canada, Australia and India

    • Purchasing Managers’ Index (PMI)
  170. Global manufacturing PMI signals further steep worldwide trade slump in November

    02 December 2022 Chris Williamson

    Global business conditions worsened once again in November amid a further steep downturn in global trade flows

    • Purchasing Managers’ Index (PMI)
  171. Global manufacturing downturn intensifies as firms cut capacity in line with slumping demand

    02 December 2022 Chris Williamson

    Global manufacturing business conditions worsened for a third successive month in November

    • Purchasing Managers’ Index (PMI)
  172. Eurozone manufacturing downturn helps cool inflationary pressures

    01 December 2022 Chris Williamson

    The S&P Global Eurozone Manufacturing PMI indicated a sixth successive monthly decline in factory production in November.

    • Purchasing Managers’ Index (PMI)
  173. Flash PMI survey data signal growing impact from rate hikes on economy and inflation

    28 November 2022 Chris Williamson

    A marked divergence has developed between resilient official economic data and softer business survey statistics in the US

    • Purchasing Managers’ Index (PMI)
  174. Week Ahead Economic Preview: Week of 28 November 2022

    25 November 2022 Jingyi Pan Chris Williamson

    Worldwide manufacturing PMIs will be eagerly anticipated in the coming week after flash PMIs alluded to further recession risks in the major...

    • Purchasing Managers’ Index (PMI)
  175. Flash PMI data signal falling output in the US, Europe and Japan, but price pressures also cool

    24 November 2022 Chris Williamson

    Flash PMI survey data for November showed the global economy coming under pressure from falling output in the major developed economies, with...

    • Purchasing Managers’ Index (PMI)
  176. Flash PMI point to rising Eurozone recession risks, but price pressures cool as supply improves

    23 November 2022 Chris Williamson

    November saw business activity fall across the eurozone for a fifth month running, according to flash PMI data

    • Purchasing Managers’ Index (PMI)
  177. Flash UK PMI data flash recession signals amid steepening drop in demand

    23 November 2022 Chris Williamson

    A further steep fall in business activity in November adds to growing signs that the UK is in recession, with GDP likely to fall for a second...

    • Purchasing Managers’ Index (PMI)
  178. Week Ahead Economic Preview: Week of 21 November 2022

    18 November 2022 Jingyi Pan

    November flash PMI figures for major developed economies will be eagerly awaited in the coming week while interest rates updates in mainland...

    • Purchasing Managers’ Index (PMI)
  179. Business activity down sharply in Ghana amid inflationary pressures

    18 November 2022 Andrew Harker

    Strong inflationary pressures as a result of a depreciating currency and public finance issues have begun to have a severe impact on demand and...

    • Purchasing Managers’ Index (PMI)
  180. Japanese service sector activity picks up following recent roll-out of National Travel Discount Programme

    18 November 2022 Laura Denman

    The release of the au Jibun Bank Japan flash PMI, compiled by S&P Global, on the 24th of November will be highly anticipated following October's...

    • Purchasing Managers’ Index (PMI)
  181. New inflation trackers decipher key trends driving global prices

    17 November 2022 David Owen

    New S&P Global PMI™ Comment Trackers provide unique insights into the key macroeconomic trends shaping the global economy. The trackers are derived...

    • Purchasing Managers’ Index (PMI)
  182. Monthly PMI Bulletin: November 2022

    15 November 2022 Jingyi Pan

    The global slowdown deepened at the start of the fourth quarter with both manufacturing and services performance deteriorating and output contracting...

    • Purchasing Managers’ Index (PMI)
  183. Week Ahead Economic Preview: Week of 7 November 2022

    04 November 2022 Rajiv Biswas Jingyi Pan

    A busy week ahead for economic releases is expected with the key focus on US and China inflation figures for October.

    • Purchasing Managers’ Index (PMI)
  184. Global manufacturing PMI slips further into contraction territory as new orders decline solidly

    03 November 2022 Jingyi Pan

    Global business conditions worsened once again in the manufacturing sector in October, with theJPMorgan Global Manufacturing Purchasing Managers'...

    • Purchasing Managers’ Index (PMI)
  185. Week Ahead Economic Preview: Week of 31 October 2022

    28 October 2022 Jingyi Pan Chris Williamson

    Worldwide manufacturing and services PMI data will be eagerly anticipated next week for the first indications of early Q4 performance around...

    • Purchasing Managers’ Index (PMI)
  186. Flash PMI data signalled heightened recession risks in the US and Europe

    25 October 2022 Chris Williamson

    October flash PMI data showed economic contractions gathering pace in the US, eurozone and UK, leaving Japan as the only major developed world...

    • Purchasing Managers’ Index (PMI)
  187. Flash US PMI falls sharply in to contraction territory in October as optimism and demand slumps

    24 October 2022 Chris Williamson

    The October S&P Global flash PMI surveys present a picture of the economy at increased risk of contracting in the fourth quarter at the...

    • Purchasing Managers’ Index (PMI)
  188. Germany leads steepening eurozone downturn in October

    24 October 2022 Chris Williamson

    The Eurozone economy slipped into a steeper downturn at the start of the fourth quarter, the rate of decline hitting the fastest since April...

    • Purchasing Managers’ Index (PMI)
  189. Flash UK PMI data signal increasing economic stress as downturn intensifies

    24 October 2022 Chris Williamson

    October's flash PMI data showed the pace of economic decline gathering momentum after the recent political and financial market upheavals. The...

    • Purchasing Managers’ Index (PMI)
  190. Flash PMIs show renewed contraction of the Australian economy in October while Japan's service sector powers growth

    24 October 2022 Jingyi Pan

    October's flash PMI data indicated that the Australian economy returned to contraction following eight straight months of growth while Japan's...

    • Purchasing Managers’ Index (PMI)
  191. Week Ahead Economic Preview: Week of 24 October 2022

    21 October 2022 Shreeya Patel Chris Williamson

    A number of central bank meetings take place in the coming week, encompassing Japan, the Eurozone, Canada, Brazil and Russia

    • Purchasing Managers’ Index (PMI)
  192. Demand Shortfall indices suggest manufacturing downturn could accelerate rapidly

    20 October 2022 Maryam Baluch David Owen

    New S&P Global PMI™ Comment Trackers provide unique insights into the key macroeconomic trends shaping the global economy

    • Purchasing Managers’ Index (PMI)
  193. Flash PMI data to highlight recession risks and varying inflation trends at start of fourth quarter

    18 October 2022 Chris Williamson

    October flash PMI data will provide much needed insights into the risk of some of the world's major economies falling into recession. Prior data...

    • Purchasing Managers’ Index (PMI)
  194. Strength in official manufacturing data not set to last

    17 October 2022 Chris Williamson

    Ahead of next week's flash eurozone PMI release, we review the survey findings and the official data after a marked divergence has become apparent...

    • Purchasing Managers’ Index (PMI)
  195. Australian economy under pressure amid strong inflation, but signs of price peak appear

    17 October 2022 Laura Denman

    The release of the Australia flash PMI on the 24th of October will be eagerly awaited after recent PMI survey data, compiled by S&P Global, signalled...

    • Purchasing Managers’ Index (PMI)
  196. Monthly PMI Bulletin: October 2022

    17 October 2022 Lewis Cooper

    September saw the level of global economic activity contract for the second successive month, as output fell more quickly at manufacturers but...

    • Purchasing Managers’ Index (PMI)
  197. Week Ahead Economic Preview: Week of 17 October 2022

    14 October 2022 Shreeya Patel Chris Williamson

    The week ahead brings inflation data due for the EU, UK, Japan, Canada and Italy, plus China's third quarter GDP. Consumer sentiment data for...

    • Purchasing Managers’ Index (PMI)
  198. Upcoming PMI data in focus as UK recession risks intensify amid market turmoil

    14 October 2022 Chris Williamson

    October's flash PMI data for the UK will be eagerly awaited, given the growing chorus of concerns regarding the country's economic health and...

    • Purchasing Managers’ Index (PMI)
  199. Global economy contracts for second month running amid tightening financial conditions

    10 October 2022 Chris Williamson

    Global economic output contracted for a second straight month in September, adding to signs that businesses around the world are reporting the...

    • Purchasing Managers’ Index (PMI)
  200. Week Ahead Economic Preview: Week of 10 October 2022

    07 October 2022 Shreeya Patel Chris Williamson

    This week, a number of key economic releases will add insights to macroeconomic conditions in the US, UK and Eurozone after PMI survey data hinted...

    • Purchasing Managers’ Index (PMI)
  201. ASEAN Foreign Direct Investment Inflows Reach Record High

    06 October 2022 Rajiv Biswas

    Foreign direct investment (FDI) inflows into the ASEAN region for the 2021 calendar year reached a record level of USD 174 billion, equaling...

    • Purchasing Managers’ Index (PMI)
  202. UAE non-oil sector maintains robust growth despite faltering global economy

    05 October 2022 David Owen

    The United Arab Emirates non-oil economy has appeared immune to some of the drags on output observed in the global economy in the third quarter...

    • Purchasing Managers’ Index (PMI)
  203. Worldwide industrial price pressures rise as higher energy costs and strong dollar offset impact of cooling supply chains

    04 October 2022 Chris Williamson

    The global manufacturing PMI survey found average input costs rising at an increased rate for the first time in five months in September, hinting...

    • Purchasing Managers’ Index (PMI)
  204. Global manufacturing PMI falls into contraction territory for first time since 2020 lockdowns

    04 October 2022 Chris Williamson

    Global business conditions worsened in the manufacturing sector in September, with the

    • Purchasing Managers’ Index (PMI)
  205. Singapore Manufacturing Sector Moderates as Global Headwinds Bite

    02 October 2022 Rajiv Biswas

    The Singapore economy has shown continued expansion since the beginning of 2022, helped by significant easing of pandemic-related restrictions....

    • Purchasing Managers’ Index (PMI)
  206. Week Ahead Economic Preview: Week of 3 October 2022

    30 September 2022 Shreeya Patel Rajiv Biswas Chris Williamson

    With global recession risks rising, upcoming PMI survey data for the world’s major economies will come under close scrutiny in the week ahead...

    • Purchasing Managers’ Index (PMI)
  207. US downturn eases in September amid cooling price pressures and fewer supply delays

    26 September 2022 Chris Williamson

    US businesses reported a third consecutive monthly fall in output during September, rounding off the weakest quarter for the economy since the...

    • Purchasing Managers’ Index (PMI)
  208. Week Ahead Economic Preview: Week of 26 September 2022

    26 September 2022 Shreeya Patel Chris Williamson

    Flash PMIs last week provided a much-anticipated insight into the macroeconomic environment for the US, UK, Eurozone and Australia. The flash...

    • Purchasing Managers’ Index (PMI)
  209. Eurozone downturn deepens in September as price pressures intensify

    23 September 2022 Chris Williamson

    The Eurozone economic downturn deepened in September, with business activity contracting for a third consecutive month, according to preliminary...

    • Purchasing Managers’ Index (PMI)
  210. UK recession risks rise as flash PMI surveys signal deepening downturn in September

    23 September 2022 Chris Williamson

    UK economic woes deepened in September as business activity fell at an increased rate

    • Purchasing Managers’ Index (PMI)
  211. Week Ahead Economic Preview: Week of 19 September 2022

    16 September 2022 Shreeya Patel Chris Williamson

    Three of the largest five economies will hold their central bank meetings this week, including the US, Japan and the UK

    • Purchasing Managers’ Index (PMI)
  212. Using SP Global PMI survey data as an indicator corporate earnings

    16 September 2022 Chris Williamson

    PMI survey data produced around the world by S&P Global can provide valuable, unique guidance on corporate earnings trends, as illustrated by...

    • Purchasing Managers’ Index (PMI)
  213. APAC Electronics Industry Faces Global Headwinds

    15 September 2022 Rajiv Biswas

    The latest S&P Global Electronics PMI survey for August 2022 indicated that the electronics sector has started to contract for the first time...

    • Purchasing Managers’ Index (PMI)
  214. Week Ahead Economic Preview: Week of 12 September 2022

    12 September 2022 Shreeya Patel Chris Williamson

    Official GDP, inflation and job market data releases remain in the diary, causing the economic spotlight to fall on the UK as the week commences...

    • Purchasing Managers’ Index (PMI)
  215. New PMI Comment Tracker dataset reveals key insights into the global supply chain

    09 September 2022 David Owen

    New S&P Global PMI™ Comment Trackers provide unique insights into the key macroeconomic trends shaping the global economy. The trackers are derived...

    • Purchasing Managers’ Index (PMI)
  216. Monthly PMI Bulletin: September 2022

    08 September 2022 Lewis Cooper

    August saw global economic activity contract for the first time since June 2020, as new order inflows declined, international trade volumes fell...

    • Purchasing Managers’ Index (PMI)
  217. S&P Global and ISM service sector surveys compared

    07 September 2022 Chris Williamson

    SP Global and ISM service sector surveys compared

  218. Global economy slides into contraction, price pressures ease to 1½ year low

    06 September 2022 Chris Williamson

    Global economic output contracted in August for the first time since June 2020, according to the latest PMI survey data

    • Purchasing Managers’ Index (PMI)
  219. UK economy slides into contraction in August, prospects darken

    05 September 2022 Chris Williamson

    The S&P Global/CIPS UK Composite PMI fell below the crucial 50.0 no-change mark during August for the first time in 18 months

    • Purchasing Managers’ Index (PMI)
  220. Week Ahead Economic Preview: Week of 5 September 2022

    02 September 2022 Shreeya Patel Chris Williamson

    Central bank meetings will dominate headlines this week with the Reserve Bank of Australia (RBA), European Central Bank (ECB) and the Bank of...

    • Purchasing Managers’ Index (PMI)
  221. Global manufacturing PMI at 26-month low with downturn set to deepen

    01 September 2022 Chris Williamson

    The JPMorgan Global Manufacturing Purchasing Managers’ Index™ (PMI™), compiled by S&P Global, fell from 51.1 in July to 50.3 in August, its lowest...

    • Purchasing Managers’ Index (PMI)
  222. US manufacturing reports steepening output loss, but supply chain delays and price pressures ease

    01 September 2022 Chris Williamson

    The seasonally adjusted S&P Global US Manufacturing Purchasing Managers' Index™ (PMI™) posted 51.5 in August, down from 52.2 in July to the lowest...

    • Purchasing Managers’ Index (PMI)
  223. Eurozone manufacturing downturn set to gather pace as inventories accumulate at record pace

    01 September 2022 Chris Williamson

    The latest survey data show eurozone manufacturing business conditions worsening for a second successive month in August, driven by slumping...

    • Purchasing Managers’ Index (PMI)
  224. Week Ahead Economic Preview: Week of 29 August 2022

    26 August 2022 Shreeya Patel Chris Williamson

    A wealth of economic data will be released in the coming week with S&P Global Worldwide Manufacturing PMIs set to dominate headlines and the...

    • Purchasing Managers’ Index (PMI)
  225. Week Ahead Economic Preview: Week of 22 August 2022

    19 August 2022 Shreeya Patel Maryam Baluch Chris Williamson

    August flash PMIs will be in full focus this week and will offer updates on economic conditions at the crossroads of weakening global demand...

    • Purchasing Managers’ Index (PMI)
  226. Six charts showing three key themes to look out for in the August PMIs

    18 August 2022 Joseph Hayes

    Ahead of the August PMI release, we highlight three major themes to keep tabs on through six charts: inflation, recession risk and labour market...

    • Purchasing Managers’ Index (PMI)
  227. Falling demand and semiconductor shortages hit struggling tech and autos firms

    15 August 2022 Joseph Hayes

    The supply-related constraints which have troubled global electronics producers since early last year were compounded as demand conditions in...

    • Purchasing Managers’ Index (PMI)
  228. Week Ahead Economic Preview: Week of 15 August 2022

    12 August 2022 Shreeya Patel Maryam Baluch Chris Williamson

    Meeting minutes from the Fed and the RBA will be released in the coming week while Q2 GDP data for the Eurozone, Japan, Thailand, the Netherlands...

    • Purchasing Managers’ Index (PMI)
  229. Monthly PMI Bulletin: August 2022

    10 August 2022 Lewis Cooper

    The following is an extract from S&P Global Market Intelligence’s latest Monthly PMI Bulletin. For the full report, please click on the ‘Download...

    • Purchasing Managers’ Index (PMI)
  230. Week Ahead Economic Preview: Week of 08 August 2022

    05 August 2022 Shreeya Patel Maryam Baluch Chris Williamson

    Q2 GDP updates will be due for the UK, Russia and Singapore in the coming week alongside a series of inflation data for the US, India, China...

    • Purchasing Managers’ Index (PMI)
  231. Global growth at two-year low in July as developed world slips into contraction, but price pressures ease

    03 August 2022 Chris Williamson

    Global economic growth slowed to a crawl in July, according to the latest PMI survey data, led by the developed world falling into contraction...

    • Purchasing Managers’ Index (PMI)
  232. Global manufacturing PMI hits two-year low in July as production falls in the developed world

    02 August 2022 Chris Williamson

    The JPMorgan Manufacturing Purchasing Managers’ Index™ (PMI™), compiled by S&P Global, fell from 52.2 in June to a two-year low of 51.1 in July....

    • Purchasing Managers’ Index (PMI)
  233. Global manufacturing PMI price inflation

    02 August 2022 Chris Williamson

    Inflationary pressures in the worldwide factory sector moderated to the lowest for a year-and-a-half in July, leading to global supply chain...

    • Purchasing Managers’ Index (PMI)
  234. Week Ahead Economic Preview: Week of 01 August 2022

    29 July 2022 Shreeya Patel Rajiv Biswas Chris Williamson

    This week sees the release of worldwide manufacturing and services PMI data which will give an insight into global growth, inflation and labour...

    • Purchasing Managers’ Index (PMI)
  235. APAC Electronics Industry Expansion Moderates Amidst Pricing Pressures

    28 July 2022 Rajiv Biswas

    The latest S&P Global Electronics PMI survey shows that expansion in the electronics sector is continuing, albeit growth momentum has gradually...

    • Purchasing Managers’ Index (PMI)
  236. Week Ahead Economic Preview: Week of 25 July 2022

    26 July 2022 Shreeya Patel Rajiv Biswas Chris Williamson

    A busy week sees the US Federal Open Market Committee (FOMC) meeting with markets predicting at least a 75-basis point hike

    • Purchasing Managers’ Index (PMI)
  237. Flash PMI data signal developed world economic decline at start of third quarter

    26 July 2022 Chris Williamson

    Early PMI survey data showed economic output contracting in the US and Eurozone during July, with growth meanwhile slowing in both the UK and...

    • Purchasing Managers’ Index (PMI)
  238. Eurozone falls into contraction in July, price pressures ease

    25 July 2022 Chris Williamson

    The eurozone economy looks set to contract in the third quarter as business activity slipped into decline in July and forward-looking indicators...

    • Purchasing Managers’ Index (PMI)
  239. UK economy slows in July amid manufacturing decline, but price pressures ease

    25 July 2022 Chris Williamson

    UK economic growth slowed to a crawl in July, registering the slowest expansion since the lockdowns of early-2021

    • Purchasing Managers’ Index (PMI)
  240. Economic growth in Japan close to stalling in July led by renewed manufacturing decline, price pressures cool from record highs

    25 July 2022 Chris Williamson

    The preliminary PMI survey results for July signal a significant loss of growth momentum in the Japanese economy at the start of the third quarter....

    • Purchasing Managers’ Index (PMI)
  241. Worldwide PMIs to provide guidance on recession risks and inflation trends

    19 July 2022 Chris Williamson

    uly's upcoming PMI survey data will be eagerly assessed for clues as to recession risks and the persistence of elevated inflation rates

    • Purchasing Managers’ Index (PMI)
  242. Singapore Economy Continues on Road to Recovery

    15 July 2022 Rajiv Biswas

    Singapore's economy has continued to recover from the COVID-19 pandemic in the first half of 2022. The advance estimate of GDP for the second...

    • Purchasing Managers’ Index (PMI)
  243. Week Ahead Economic Preview: Week of 18 July 2022

    15 July 2022 Shreeya Patel Rajiv Biswas Chris Williamson

    The first glimpses of worldwide economic growth and inflation trends at the start of the third quarter will be revealed with flash PMI surveys...

  244. Kazakh economy shows resilience despite ongoing geopolitical challenges

    15 July 2022 Maryam Baluch Andrew Harker

    Growth across the Kazakh economy remained strong midway through the year, representing a much-improved picture from that seen just after the...

    • Purchasing Managers’ Index (PMI)
  245. Monthly PMI Bulletin: July 2022

    14 July 2022 Lewis Cooper

    The rate of global economic expansion accelerated to a four-month high in June, with the rebound mainly reflecting a revival in China, where...

    • Purchasing Managers’ Index (PMI)
  246. China's Greater Bay Area Becomes Key Mega Region in Global Economy

    08 July 2022 Rajiv Biswas

    The Greater Bay Area has become one the three key mega-regions of China, with a total GDP that reached USD 2 trillion in 2021, equivalent to...

    • Purchasing Managers’ Index (PMI)
  247. Week Ahead Economic Preview: Week of 11 July 2022

    08 July 2022 Shreeya Patel Rajiv Biswas Chris Williamson

    A busy week sees the release of a series of GDP data for the UK, China and Singapore, which will no doubt take centre stage

    • Purchasing Managers’ Index (PMI)
  248. Global real estate choked by rising interest rates, leads economic slowdown

    07 July 2022 Chris Williamson

    Detailed sector PMI data compiled by S&P Global, derived from information provided by panels of over 30,000 companies in 45 countries, reveals...

    • Purchasing Managers’ Index (PMI)
  249. Global inflation peak signalled as supply delays ease and demand falters

    06 July 2022 Chris Williamson

    The latest PMI data compiled for JPMorgan by S&P Global showed companies' input costs rising at the slowest rate for four months, signalling...

    • Purchasing Managers’ Index (PMI)
  250. Global growth buoyed in June by China upturn, but worldwide demand growth hits weakest for nearly two years and business prospects sour

    06 July 2022 Chris Williamson

    Global economic growth accelerated in June thanks primarily to rebounding business activity in mainland China after lockdowns related to the...

    • Purchasing Managers’ Index (PMI)
  251. US PMI data show demand for goods and services falling in June, taking pressure off prices

    06 July 2022 Chris Williamson

    June saw signs of an increasingly broad-based weakening of the US economy with demand now falling in both the manufacturing and service sectors....

    • Purchasing Managers’ Index (PMI)
  252. Business activity revives across manufacturing and services in June, but demand headwinds persist amid ongoing COVID-19 restrictions

    05 July 2022 Chris Williamson

    PMI survey data for mainland China signaled a strong rebound in economic activity across both manufacturing and services in June as pandemic-related...

    • Purchasing Managers’ Index (PMI)
  253. Eurozone PMI signals growth in June but downturn risks rise amid weakening leading indicators

    05 July 2022 Chris Williamson

    While the June PMI surveys indicate ongoing growth of business activity at the end of the second quarter, a sharp deterioration in the rate of...

    • Purchasing Managers’ Index (PMI)
  254. Week Ahead Economic Preview: Week of 04 July 2022

    04 July 2022 Shreeya Patel Rajiv Biswas Chris Williamson

    This week, services PMI data for all major developed and emerging economies will be in focus, coming on the heels of last week's manufacturing...

    • Purchasing Managers’ Index (PMI)
  255. Global manufacturing PMI hits lowest since August 2020 despite China rebound

    01 July 2022 Chris Williamson

    The JPMorgan Manufacturing Purchasing Managers' Index™ (PMI™), compiled by S&P Global, nudged lower in June, down from 52.3 in May to 52.2, its...

    • Purchasing Managers’ Index (PMI)
  256. Eurozone manufacturing downturn signalled as demand falls sharply in June

    01 July 2022 Chris Williamson

    The S&P Global Eurozone Manufacturing PMI® fell from 54.6 in May to 52.1 in June, its lowest reading since August 2020 and a fifth consecutive...

    • Purchasing Managers’ Index (PMI)
  257. The Ascent of APAC in the Global Economy

    01 July 2022 Rajiv Biswas

    Over the past two decades, the Asia-Pacific (APAC) region has played an increasingly important role in the world economy. The weight of APAC...

    • Purchasing Managers’ Index (PMI)
  258. Mainland China manufacturing surges back into growth in June, supplier performance improves, prices fall

    01 July 2022 Chris Williamson

    China's manufacturing sector sprang back into life in June as the partial relaxation of COVID-19 containment measures helped drive the second-steepest...

    • Purchasing Managers’ Index (PMI)
  259. Philippines economy resilient despite global headwinds

    30 June 2022 Rajiv Biswas

    The Philippines economy has continued to show rapid expansion in early 2022, with first quarter GDP growth up 8.3% year-on-year (y/y)

    • Purchasing Managers’ Index (PMI)
  260. Week Ahead Economic Preview: Week of 27 June 2022

    24 June 2022 Shreeya Patel Rajiv Biswas Chris Williamson

    The start of the new month brings fresh global manufacturing data in the form of the PMIs after the flash PMIs painted a downbeat picture for...

    • Purchasing Managers’ Index (PMI)
  261. Flash PMI data signal increased stagflation risks as growth weakens amid soaring cost of living

    23 June 2022 Chris Williamson

    Early PMI survey data showed economic growth slowing sharply in the US, Eurozone and UK during July, with further weakness likely in coming months...

    • Purchasing Managers’ Index (PMI)
  262. UK recession risk rises as business confidence slumps amid cost-of-living crisis in June

    23 June 2022 Chris Williamson

    The UK economy sustained a modest pace of expansion in June according to preliminary PMI survey data, and also saw steady strong employment growth...

    • Purchasing Managers’ Index (PMI)
  263. Eurozone economic stagflation risk rises in June as demand stalls and price surge continues

    23 June 2022 Chris Williamson

    Eurozone economic growth deteriorated sharply to a 16-month low in June, according to preliminary PMI data, reflecting a stalling of demand growth...

    • Purchasing Managers’ Index (PMI)
  264. Japan's economy picks up speed in June as services revive, but manufacturing slows and prices surge

    23 June 2022 Chris Williamson

    The pace of economic growth accelerated in Japan at the end of the second quarter according to the latest business surveys, indicating a strengthening...

    • Purchasing Managers’ Index (PMI)
  265. Global PMI: What to watch in the flash PMIs for June

    20 June 2022 Chris Williamson

    The upcoming June flash PMI data for the US, UK, Eurozone and Japan will be eagerly assessed for clues as to the persistence of elevated inflation...

    • Purchasing Managers’ Index (PMI)
  266. Week Ahead Economic Preview: Week of 20 June 2022

    17 June 2022 Shreeya Patel Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMIs will be released towards the end of the week for the US, UK, Eurozone, Japan and Australia.

    • Purchasing Managers’ Index (PMI)
  267. Global automotive output contracts faster in May amid uneven regional trends and despite further signs of semiconductor shortages easing

    15 June 2022 Jingyi Pan

    The S&P Global Sector PMI™ revealed that Automobiles & Auto Parts sector output contracted worldwide for a second successive month amid the sharpest...

    • Purchasing Managers’ Index (PMI)
  268. Machinery and Equipment sector output falls again in May

    13 June 2022 Lewis Cooper

    The Global Machinery & Equipment sector recorded a back-to-back decline in output amid severe supply delays in May, according to the latest PMI...

    • Purchasing Managers’ Index (PMI)
  269. Global PMI Special Report: Russia-Ukraine war update

    13 June 2022 Sara Johnson Ryland Maltsbarger John Mothersole Jim Burkhard Chris Williamson

    In this special report, we provide an update on the latest economic situation following Russia's invasion of Ukraine, discussing the growth...

    • Purchasing Managers’ Index (PMI)
  270. Sub-Saharan African firms count the cost of war in Europe

    10 June 2022 Andrew Harker

    The impact of the war in Ukraine on prices for key items such as food and fuel is feeding through to strengthening inflationary pressures for...

    • Purchasing Managers’ Index (PMI)
  271. Week Ahead Economic Preview: Week of 13 June 2022

    10 June 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Central bank meetings will be in focus in the coming week with the US Fed, the Bank of England and Bank of Japan all due to update their monetary...

    • Purchasing Managers’ Index (PMI)
  272. Global price pressures hold near record high amid unprecedented rise in service sector costs

    08 June 2022 Chris Williamson

    The latest PMI data compiled for JPMorgan by S&P Global revealed an unwelcome mix of sluggish global economic growth and soaring business costs...

    • Purchasing Managers’ Index (PMI)
  273. Monthly PMI Bulletin: June 2022

    07 June 2022 Chris Williamson Jingyi Pan

    The global economy expanded for a 23rd straight month in May, according to the JPMorgan Global PMI™ (compiled by S&P Global), with the rate of...

    • Purchasing Managers’ Index (PMI)
  274. Global sector PMI data show economic growth being led by surging demand for consumer services, while banking and auto makers see steepest declines

    07 June 2022 Chris Williamson

    May saw a further acceleration in demand for services such as travel and tourism in particular following the recent relaxation of COVID-19 travel...

    • Purchasing Managers’ Index (PMI)
  275. Global growth inches higher in May as loosened COVID restrictions boost demand for services and downturns ease in China and Russia

    07 June 2022 Chris Williamson

    The pace of global economic growth remained among the weakest seen so far during the pandemic recovery period in May, according to the latest...

    • Purchasing Managers’ Index (PMI)
  276. Week Ahead Economic Preview: Week of 6 June 2022

    03 June 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    The week ahead finds central bank meetings unfolding in the eurozone, Australia, India and Thailand while a series of inflation data will be...

    • Purchasing Managers’ Index (PMI)
  277. Weak eurozone PMI readings signal second quarter manufacturing downturn

    02 June 2022 Chris Williamson

    Euro area manufacturers continue to struggle against the headwinds of supply shortages, elevated inflationary pressures and weakening demand...

    • Purchasing Managers’ Index (PMI)
  278. Global factory output falls for second month in May amid China lockdowns

    02 June 2022 Chris Williamson

    The subdued performance of the goods-producing sector was led by a slight decline in production for a second successive month, thanks principally...

  279. Week Ahead Economic Preview: Week of 30 May 2022

    27 May 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Worldwide PMI releases for May will be eagerly awaited with the turn of the month in the coming week.

    • Purchasing Managers’ Index (PMI)
  280. Headwinds stifle developed world expansions in May

    24 May 2022 Chris Williamson

    Early PMI survey data showed economic growth rates coming under pressure in the major developed economies as a boost to businesses from the post-Omicron...

    • Purchasing Managers’ Index (PMI)
  281. UK economy slows to a crawl in May as inflation pressures hit new high

    24 May 2022 Chris Williamson

    The UK Flash PMI survey data signal a severe slowing in the rate of economic growth in May, with forward-looking indicators hinting that worse...

    • Purchasing Managers’ Index (PMI)
  282. Eurozone economy shows resilience in May thanks to buoyant service sector, as price pressures ease from April high

    24 May 2022 Chris Williamson

    The eurozone economy retained encouragingly resilient growth in May, as a beleaguered manufacturing sector was offset by a buoyant service sector....

    • Purchasing Managers’ Index (PMI)
  283. Reduced COVID-19 impact supports services growth in Japan and Australia but manufacturing sector under pressure from supply constraints

    24 May 2022 Jingyi Pan

    Private sector output continued to expand across Japan and Australia according to May flash PMI data

    • Purchasing Managers’ Index (PMI)
  284. Week Ahead Economic Preview: Week of 23 May 2022

    20 May 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMI data for May will be released next Tuesday for a first look into economic conditions midway into Q2.

    • Purchasing Managers’ Index (PMI)
  285. Inflation pressures and GDP resilience under scrutiny with May flash PMIs

    20 May 2022 Chris Williamson

    Flash PMI data for the US, eurozone, UK, Japan and Australia will provide the first major clues as to the health of the world economy mid-way...

    • Purchasing Managers’ Index (PMI)
  286. Understanding… PMI new export orders index: Tracking worldwide trade flows and changing demand, by country and sector

    19 May 2022 Chris Williamson

    The new export orders index from S&P Global’s PMI business surveys tracks foreign demand for both goods and services

    • Purchasing Managers’ Index (PMI)
  287. Global commodity price and supply indicators signal semiconductor shortage showing signs of peaking

    17 May 2022 Jingyi Pan

    The S&P Global PMI™ Commodity Price and Supply Indicators track the development of price pressures and supply shortages each...

    • Purchasing Managers’ Index (PMI)
  288. Week Ahead Economic Preview: Week of 16 May 2022

    13 May 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    The week ahead finds a busy economic calendar alongside a series of Fed appearances which remain in focus given uncertainties over the pace of...

    • Purchasing Managers’ Index (PMI)
  289. Manufacturers in Kazakhstan face logistical struggles amid sanctions on Russia

    12 May 2022 Maryam Baluch Andrew Harker

    Manufacturers in Kazakhstan continue to be impacted by the spillover effects of the war in Ukraine and imposition of sanctions on key trade partner...

    • Purchasing Managers’ Index (PMI)
  290. Monthly PMI Bulletin: May 2022

    09 May 2022 Jingyi Pan Chris Williamson

    The global economy expanded for a twenty-second straight month* in April, according to the JPMorgan Global PMI™ (compiled by S&P Global), though...

    • Purchasing Managers’ Index (PMI)
  291. Global PMI - special Russia-Ukraine war report

    09 May 2022 Mark Fulthorpe John Mothersole Jim Burkhard Elisabeth WaelbroeckRocha, Ph.D. Chris Williamson Alex Kokcharov

    Global growth slows and inflation pressures intensify amid rising economic headwinds

    • Purchasing Managers’ Index (PMI)
  292. Economic downturn spreads as more sectors report falling output and record price rises

    06 May 2022 Chris Williamson

    Detail sector PMI data compiled by S&P Global revealed a broadening of the global economic slowdown in April with more sectors reporting falling...

    • Purchasing Managers’ Index (PMI)
  293. Global PMI surveys show further acceleration of inflation amid supply shocks in April, but demand shows signs of waning

    06 May 2022 Chris Williamson

    Global price pressures intensified in April, according to the latest PMI data compiled for JPMorgan by S&P Global

    • Purchasing Managers’ Index (PMI)
  294. China and Russia drag global growth to 22-month low, push price inflation to record high

    06 May 2022 Chris Williamson

    The pace of global economic growth slowed in April to the lowest since the downturn of the second quarter of 2020, according to the latest PMI...

    • Purchasing Managers’ Index (PMI)
  295. Week Ahead Economic Preview: Week of 9 May 2022

    06 May 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Inflation data will be the key focus in the coming week with figures due from both the US and China for April.

    • Purchasing Managers’ Index (PMI)
  296. Worldwide factory output falls for first time since June 2020 as supply conditions worsen

    03 May 2022 Chris Williamson

    The JPMorgan Manufacturing Purchasing Managers' Index™ (PMI™), compiled by S&P Global, fell from 52.9 in March to a 20-month low of 52.2 in April...

    • Purchasing Managers’ Index (PMI)
  297. Week Ahead Economic Preview: Week of 25 April 2022

    22 April 2022 Chris Williamson Jingyi Pan Rajiv Biswas

    A string of Q1 GDP data will be released in the coming week across the US, eurozone, South Korea and Taiwan.

    • Purchasing Managers’ Index (PMI)
  298. Further surge in price pressures in April casts mounting shadow over growth outlook

    22 April 2022 Chris Williamson

    Preliminary PMI survey data showed economic growth slowing in the US and UK as strong pandemic rebounds showed signs of fading. In contrast...

    • Purchasing Managers’ Index (PMI)
  299. UK economic growth slows in April as outlook darkens and inflation pressures mount

    22 April 2022 Chris Williamson

    The UK PMI survey data signal a marked cooling in the pace of UK economic growth during April

    • Purchasing Managers’ Index (PMI)
  300. Eurozone growth accelerates as reviving services demand offsets near stalling of manufacturing, but prices rise at record rate

    22 April 2022 Chris Williamson

    Eurozone economic growth accelerated in April as a rebounding service sector, benefitting from loosened COVID-19 restrictions, helped compensate...

    • Purchasing Managers’ Index (PMI)

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