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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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  1. Easing COVID-19 disruptions boost private sector output in Japan and Australia but business confidence declines on inflation concerns

    22 April 2022 Jingyi Pan

    Private sector output rose across Japan and Australia in April as easing COVID-19 disruptions domestically supported growth of business activity....

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

    14 April 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMIs released in the coming week across major developed economies offer a first look into the degree to which these countries have been...

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

    08 April 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Central bank meetings will be in abundance in the coming week across the eurozone, Canada, New Zealand, South Korea and Singapore.

    • Purchasing Managers’ Index (PMI)
  4. Tide of rising prices stems economic recovery in Sub-Saharan Africa

    08 April 2022 David Owen

    Growth in the Sub-Saharan region was quelled at the end of the first quarter of 2022, as a record increase in selling prices led customers to...

    • Purchasing Managers’ Index (PMI)
  5. Inflation outlook worsens as PMI data show steepest rise in global business costs since 2008

    07 April 2022 Chris Williamson

    Inflationary pressures intensified around the world in March according to the latest PMI data compiled for JPMorgan by S&P Global

    • Purchasing Managers’ Index (PMI)
  6. Monthly PMI Bulletin: April 2022

    07 April 2022 Jingyi Pan Chris Williamson

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

    • Purchasing Managers’ Index (PMI)
  7. War in Ukraine leads to drop in global business confidence

    06 April 2022 Andrew Harker

    Russia's invasion of Ukraine has hit business confidence across much of the world, representing a bigger jolt to worldwide business optimism...

    • Purchasing Managers’ Index (PMI)
  8. Global growth slows as boost from pandemic-reopening is offset by Ukraine war and Omicron

    06 April 2022 Chris Williamson

    The PMI data showed output growth at its third-lowest for 18 months, with only August 2021 and January 2022 having recorded a weaker monthly...

    • Purchasing Managers’ Index (PMI)
  9. PMI at 18-month low as manufacturing disrupted by Ukraine war and Omicron wave

    04 April 2022 Chris Williamson

    The JPMorgan Manufacturing Purchasing Managers' Index™ (PMI™), compiled by S&P Global, fell from 53.7 in February to a one-and-a-half year low...

    • Purchasing Managers’ Index (PMI)
  10. US producers report strong end to first quarter despite Ukraine war impact

    01 April 2022 Chris Williamson

    US manufacturing growth accelerated in March as robust demand and improving prospects countered the headwinds of soaring cost pressures and the...

    • Purchasing Managers’ Index (PMI)
  11. Off sick: wave of COVID-19 infections in Vietnam hits workforce numbers

    01 April 2022 Andrew Harker

    The COVID-19 pandemic retains the ability to throw the Vietnamese manufacturing sector off course in 2022 despite a lack of virus containment...

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

    01 April 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Worldwide services PMI will be due in the coming week for a detailed look into the impact of recent developments from the Ukraine war and the...

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

    25 March 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    In a busy week that sees an updated US non-farm payroll report, worldwide manufacturing PMIs will reveal insights into business conditions amid...

    • Purchasing Managers’ Index (PMI)
  14. Ukraine war hits business confidence, drives price pressures to new highs

    24 March 2022 Chris Williamson

    Preliminary PMI survey data showed only a modest impact from the Ukraine war on current economic growth in the world's largest developed economies...

    • Purchasing Managers’ Index (PMI)
  15. UK economic growth remains strong in March, but Ukraine war drives unprecedented price rise and pushes business confidence to one and a half year low

    24 March 2022 Chris Williamson

    The UK PMI surveys indicated a sustained robust pace of expansion in March as the further reopening of the economy from COVID-19 containment...

    • Purchasing Managers’ Index (PMI)
  16. Eurozone business outlook darkens to bleakest for 1-1/2 years and price gauges surge to fresh record highs amid initial impact from Ukraine war

    24 March 2022 Chris Williamson

    Eurozone business activity growth slowed in March as the economic impact of Russia's invasion of Ukraine offset a boost to demand from the further...

    • Purchasing Managers’ Index (PMI)
  17. Business confidence among APAC economies declines as price pressures intensify amid the Ukraine war in March

    24 March 2022 Jingyi Pan

    Australia saw business activity improve at an increased rate in March, while activity in Japan showed signs of stabilising.

    • Purchasing Managers’ Index (PMI)
  18. Global manufacturers signal record increase in prices paid for energy and semiconductors in February

    23 March 2022 Usamah Bhatti

    S&P Global PMI Commodity Price & Supply Indicators highlighted that manufacturers continued to battle against rising prices and shortages for...

    • Purchasing Managers’ Index (PMI)
  19. How to interpret and use the PMI survey output index

    21 March 2022 Chris Williamson

    The PMI output index is the survey’s principal gauge of economic growth and can provide valuable insights into GDP, service sector growth and...

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

    18 March 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    March flash PMIs will be released in the coming week for a first look at economic conditions since the outbreak of the Ukraine war.

    • Purchasing Managers’ Index (PMI)
  21. PMI data to provide insights into key economic developments in March

    17 March 2022 Jingyi Pan

    February PMI data pointed to the global economy recovering as the Omicron wave faded, though this was prior to various significant developments...

    • Purchasing Managers’ Index (PMI)
  22. Week Ahead Economic Preview: Week of 14 March 2022

    11 March 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    The week ahead will see an abundance of central bank meetings across the US, UK, Japan, Indonesia and Taiwan.

    • Purchasing Managers’ Index (PMI)
  23. Global economic growth revived in February as Omicron wave faded, but outlook darkens amid Ukraine invasion

    10 March 2022 Chris Williamson

    The pace of global economic growth revived in February having slumped to a one-and-a-half year low in January, bringing encouraging news of a...

    • Purchasing Managers’ Index (PMI)
  24. Monthly PMI Bulletin: March 2022

    08 March 2022 Jingyi Pan Chris Williamson

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

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

    04 March 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    The Ukraine crisis induced uncertainty remains in focus going into the fresh week, though the attention is expected to be shared with upcoming...

    • Purchasing Managers’ Index (PMI)
  26. Global manufacturing growth revives from 1½ year low, but supply shortages and inflationary pressures persist

    02 March 2022 Chris Williamson

    Worldwide manufacturing growth picked up in February after being subdued to a one-and-a-half year low in January due to the Omicron wave. However...

    • Purchasing Managers’ Index (PMI)
  27. ASEAN manufacturing output stays resilient despite COVID-19 surge, but issues of capacity constraints persist and price gauge hits new high

    01 March 2022 Jingyi Pan

    Despite a broad increase in COVID-19 infections in the ASEAN region, manufacturing conditions remained resilient in February with the ASEAN manufacturing...

    • Purchasing Managers’ Index (PMI)
  28. China manufacturing stabilises in February, but employment falls sharply again

    01 March 2022 Chris Williamson

    February saw a welcome stabilisation of manufacturing production in mainland China, suggesting the health restrictions imposed to control the...

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

    25 February 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Markets will inevitably be dominated by the Ukraine crisis, though from an economic data perspective worldwide manufacturing and services PMIs...

    • Purchasing Managers’ Index (PMI)
  30. Flash PMIs show developed world growth rebounding in February as Omicron wave subsides

    22 February 2022 Chris Williamson

    The pace of economic growth across the four largest developed economies rebounded in February after having slowed sharply due to the Omicron...

    • Purchasing Managers’ Index (PMI)
  31. Prices rise at record rate as eurozone growth rebounds in February

    21 February 2022 Chris Williamson

    Eurozone business activity growth accelerated sharply in February as COVID-19 containment measures were relaxed

    • Purchasing Managers’ Index (PMI)
  32. UK flash PMI signals economic resurgence as Omicron wave ebbs, but price pressures intensify

    21 February 2022 Chris Williamson

    The latest PMI surveys indicate a resurgent economy in February, with business activity leaping higher as COVID-19 containment measures were...

    • Purchasing Managers’ Index (PMI)
  33. South Korean economy boosted by strong exports

    21 February 2022 Rajiv Biswas

    The South Korean economy closed the 2021 year on a strong note, with GDP up 4.1% year-on-year (y/y) in the fourth quarter of 2021.

    • Purchasing Managers’ Index (PMI)
  34. APAC flash PMIs show diverging trajectory for Japan and Australia output as the COVID-19 Omicron wave evolves

    21 February 2022 Jingyi Pan

    APAC economies Japan and Australia saw their paths diverge amid mixed COVID-19 Omicron developments.

    • Purchasing Managers’ Index (PMI)
  35. Japan manufacturing output falls and prices rise at steepest rate since 2008 amid worsening supply situation

    21 February 2022 Chris Williamson

    The headline au Jibun Bank Manufacturing PMI remained in expansion territory at 52.9 in February according to the preliminary ‘flash’ reading...

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

    17 February 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    S&P Global flash PMIs for February, released across major developed economies, will be in focus in the coming week. Central bank meetings in...

    • Purchasing Managers’ Index (PMI)
  37. UK wages rise amid tightest labour market for decades, but surveys hint at pay pressures peaking soon

    16 February 2022 Chris Williamson

    Record high job vacancies and low unemployment have led to the tightest labour market in at least two decades

    • Purchasing Managers’ Index (PMI)
  38. Week Ahead Economic Preview: Week of 14 February 2022

    11 February 2022

    The week ahead finds the focus on the January US Fed FOMC minutes, while UK and China January inflation data will be key economic figures to...

    • Purchasing Managers’ Index (PMI)
  39. Using PMI sub-indices to forecast the headline manufacturing PMI

    11 February 2022 Jingyi Pan

    PMI sub-indices have been shown to provide a considerable amount of value beyond the market-sensitive headline PMI figure

    • Purchasing Managers’ Index (PMI)
  40. Monthly PMI Bulletin: February 2022

    08 February 2022 Jingyi Pan Chris Williamson

    The global economy expanded for a nineteenth straight month in January, according to the JPMorgan Global PMI™ (compiled by S&P Global)

    • Purchasing Managers’ Index (PMI)
  41. Global food price inflation reaches all-time high amid record supply shortages

    07 February 2022 Chris Williamson

    S&P Global's unique global sector PMI data showed average prices charged by food producers to have risen at a rate unprecedented in over a decade...

    • Purchasing Managers’ Index (PMI)
  42. Global economy sees inflation pressures persist as growth slows

    07 February 2022 Chris Williamson

    January saw the pace of global economic growth wane to a pandemic recovery low as the Omicron wave once again meant COVID-19 disrupted business...

    • Purchasing Managers’ Index (PMI)
  43. Global economic slowdown led by slump in consumer services activity

    07 February 2022 Chris Williamson

    Detailed sector data from the PMI reveal how consumer-facing industries were the hardest hit, with tourism and recreation reporting by far the...

    • Purchasing Managers’ Index (PMI)
  44. Omicron wave pushes global economic growth to 1½ year low in January

    07 February 2022 Chris Williamson

    The pace of global economic growth slumped to a one-and-a-half year low in January as the Omicron wave disrupted activity

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

    04 February 2022 Jingyi Pan Chris Williamson

    The key release of the week is likely to be US inflation for January, though GDP data are updated for both the UK and Taiwan and central bank...

    • Purchasing Managers’ Index (PMI)
  46. U.S. manufacturing production hit by Omicron, but survey gauges differ on scale of January slowdown

    02 February 2022 Chris Williamson

    Both S&P Global and ISM survey gauges showed the US manufacturing economy being hit by the surge in COVID-19 cases linked to the Omicron variant...

    • Purchasing Managers’ Index (PMI)
  47. Global production growth slows to 1½-year low at start of 2022 as Omicron hits

    01 February 2022 Chris Williamson

    A slowing in the worldwide factory sector was signalled in January as the JPMorgan Global Manufacturing PMI fell from 54.3 in December to 53.2...

    • Purchasing Managers’ Index (PMI)
  48. China manufacturing sector falls into decline amid Omicron wave, job losses accelerate

    31 January 2022

    Tightened restrictions to fight the Omicron wave has led to a renewed decline in manufacturing production in mainland China, with demand also...

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

    28 January 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Worldwide manufacturing and services PMIs will be released in a busy week ahead filled with key economic data such as the US jobs report and...

    • Purchasing Managers’ Index (PMI)
  50. US economy accelerated prior to Omicron, but renewed weakness apparent

    27 January 2022 Chris Williamson

    The US economy grew at an impressive pace in the closing quarter of 2021, but a renewed period of weakness is already being signalled at the...

    • Purchasing Managers’ Index (PMI)
  51. Flash PMIs signal sharp slowing in developed world growth at start of 2022 as Omicron wave hits

    25 January 2022 Chris Williamson

    The pace of economic growth across the four largest developed economies slowed sharply in January to the lowest since June 2020 as the Omicron...

    • Purchasing Managers’ Index (PMI)
  52. US economic growth slows to 18-month low as Omicron wave exacerbates supply delays and labour shortages

    24 January 2022 Chris Williamson

    Soaring virus cases have brought the US economy to a near standstill at the start of the year, with businesses disrupted by worsening supply...

    • Purchasing Managers’ Index (PMI)
  53. Eurozone growth slows as flash PMI slides to 52.4. Omicron hits services, but manufacturers benefit from easing supply constraints

    24 January 2022 Chris Williamson

    Eurozone business activity growth slowed for a second successive month in January as the spread of the Omicron variant took an increasing toll...

    • Purchasing Managers’ Index (PMI)
  54. UK flash PMI signals economic resilience amid Omicron wave

    24 January 2022 Chris Williamson

    A resilient rate of economic growth in the UK during January masks wide variations across different sectors

    • Purchasing Managers’ Index (PMI)
  55. Japan and Australia enter third economic downturns as Omicron wave hits

    24 January 2022 Jingyi Pan

    APAC economies Japan and Australia slipped into contraction at the start of 2022 as new waves of COVID-19 infections disrupted business activity....

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

    21 January 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMIs for January will be released next week while central bank meetings in the US and Canada unfold

    • Purchasing Managers’ Index (PMI)
  57. PMI survey data to reveal Omicron impact around the world

    18 January 2022 Chris Williamson

    January's PMI data will provide the first broad insight into the economic impact of the Omicron variant across the globe, commencing with the...

    • Purchasing Managers’ Index (PMI)
  58. Labour market heat adds to Bank of England policy dilemma

    13 January 2022 Chris Williamson

    UK recruitment agencies reported a further strong rise in the number of people placed in permanent jobs in December, the rate of hiring running...

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

    13 January 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    A busy week ahead is lined with central bank meetings in Japan and Malaysia while labour market and inflation data from the UK will be in focus...

    • Purchasing Managers’ Index (PMI)
  60. Monthly PMI Bulletin: January 2022

    10 January 2022 Jingyi Pan Chris Williamson

    The global economy expanded for an eighteenth straight month in December, according to the JPMorgan Global PMI™ (compiled by S&P Global)

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

    07 January 2022 Rajiv Biswas Jingyi Pan Chris Williamson

    The week ahead packs a wealth of economic data to watch with inflation numbers out of the US and China expected to be the highlights

    • Purchasing Managers’ Index (PMI)
  62. Global economic growth hit by Omicron but supply tensions ease

    07 January 2022 Chris Williamson

    The global economy slowed in December as rising COVID-19 case numbers dented the service sector expansion.

    • Purchasing Managers’ Index (PMI)
  63. Global manufacturing production growth accelerates at end of 2021 as supply disruptions show signs of easing, price pressure cools

    05 January 2022 Chris Williamson

    An unchanged global manufacturing PMI reading in December masked improvements in various sub-indices

    • Purchasing Managers’ Index (PMI)
  64. Week Ahead Economic Preview: Week of 27 December 2021

    24 December 2021 Rajiv Biswas Jingyi Pan

    The final week of 2021 is upon us with the holiday-shortened week seeing a light economic data calendar before 2022 kickstarts with a barrage...

    • Purchasing Managers’ Index (PMI)
  65. Week Ahead Economic Preview: Week of 20 December 2021

    17 December 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    A holiday-shortened week finds US and Japan inflation data alongside US and UK updates to Q3 GDP

    • Purchasing Managers’ Index (PMI)
  66. IHS Markit flash PMIs signal slowing economic growth momentum in December, supply constraints broadly ease

    16 December 2021 Jingyi Pan

    December’s preliminary PMI numbers provided a more solemn note to end the year, with growth momentum across the world’s largest developed economies...

    • Purchasing Managers’ Index (PMI)
  67. UK Flash PMI signals economic slowdown as Omicron hits service sector, inflation peak in sight as price pressures cool

    16 December 2021 Chris Williamson

    The flash PMI data show the UK economy being hit once again by COVID-19, with growth slowing sharply at the end of the year led by a steep drop...

    • Purchasing Managers’ Index (PMI)
  68. Eurozone growth at nine-month low in December as fourth COVID-19 wave hits, price pressures and supply constraints ease

    16 December 2021 Chris Williamson

    The eurozone economy is being dealt yet another blow from COVID-19, with rising infection levels dampening growth in the service sector in particular...

    • Purchasing Managers’ Index (PMI)
  69. Global economic conditions turn unfavourable for emerging markets

    14 December 2021 Joseph Hayes

    Global economic growth has been slowing quite drastically in the second half of 2021 as the post-lockdown boom petered out and supply-issues...

    • Purchasing Managers’ Index (PMI)
  70. A Tale of Two Currencies: Turkish lira and Zambian kwacha

    13 December 2021 Andrew Harker

    “It was the best of times, it was the worst of times”, so begins the Charles Dickens classic, A Tale of Two Cities. In ‘A Tale of Two Currencies’...

    • Purchasing Managers’ Index (PMI)
  71. Week Ahead Economic Preview: Week of 13 December 2021

    10 December 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    December flash PMIs will be released in a week packed with central bank meetings across the US, UK, eurozone, Japan and more

    • Indices
    • Economic Data
  72. Brazil in recession, outlook clouded by interest rate hikes and mounting inflationary pressures

    09 December 2021 Pollyanna De Lima

    Brazil dipped back into recession in the third quarter of 2021 as a severe drought hugely impacted farmers. PMI data for the fourth quarter so...

    • Purchasing Managers’ Index (PMI)
  73. Monthly PMI Bulletin: December 2021

    07 December 2021 Jingyi Pan Chris Williamson

    The global economy expanded for a seventeenth straight month in November, according to the JPMorgan Global PMI™ (compiled by S&P Global)

    • Purchasing Managers’ Index (PMI)
  74. US consumer goods producers report highest capacity constraints

    07 December 2021 Jingyi Pan

    US Sector PMI data showed that more sectors clocked growth in November compared to the prior month, although goods-producing industries appear...

    • Purchasing Managers’ Index (PMI)
  75. Week Ahead Economic Preview: Week of 6 December 2021

    03 December 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Inflation data from the US and China will take centre stage next week while central bank meetings will be in abundance across Canada, Australia...

    • Purchasing Managers’ Index (PMI)
  76. Global manufacturing buoyed by rising Asian output, but supply shortage and price gauges hold close to recent highs

    01 December 2021 Chris Williamson

    Worldwide manufacturing output growth remained subdued in November as ongoing near-record supply shortages were accompanied by a slowing of demand...

    • Purchasing Managers’ Index (PMI)
  77. A solid-looking Eurozone PMI headline reading masks disappointing production growth as factories struggle with supply shortages

    01 December 2021 Chris Williamson

    A strong headline PMI reading masked just how tough business conditions are for manufacturers at the moment

    • Purchasing Managers’ Index (PMI)
  78. PMI surveys: how not to mis-measure manufacturing output

    26 November 2021 Chris Williamson

    The most common mistake we see in PMI charts is the incorrect use of the headline PMI for manufacturing. The headline PMI is a gauge based on...

    • Purchasing Managers’ Index (PMI)
  79. Week Ahead Economic Preview: Week of 29 November 2021

    26 November 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Worldwide manufacturing and services PMIs will be released next week for a detailed look into November economic conditions

    • Purchasing Managers’ Index (PMI)
  80. Flash PMIs signal stronger developed world growth, but rising COVID-19 cases cloud outlook

    24 November 2021 Chris Williamson

    November’s preliminary PMI numbers show the developed world’s economies continuing to grow at above trend rates, spurring further solid job creation....

    • Purchasing Managers’ Index (PMI)
  81. UK Flash PMI points to sustained robust output and jobs growth in November, but firms' costs again rise at record rate

    23 November 2021 Chris Williamson

    A combination of sustained buoyant UK business growth, further job market gains and record inflationary pressures gives a green light for interest...

    • Purchasing Managers’ Index (PMI)
  82. Faster Eurozone economic upturn marred by record inflationary pressures and COVID-19 worries

    23 November 2021 Chris Williamson

    A stronger expansion of business activity in November defied economists’ expectations of a slowdown, but is unlikely to prevent the eurozone...

    • Purchasing Managers’ Index (PMI)
  83. Australia economy expands at faster rate as restrictions ease, but price pressures persist as costs surge higher

    23 November 2021 Jingyi Pan

    A further easing of COVID-19 restrictions in Australia enabled private sector growth to accelerate in November according to flash PMI™ data

    • Purchasing Managers’ Index (PMI)
  84. Week Ahead Economic Preview: Week of 22 November 2021

    18 November 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    S&P Global releases flash PMIs for November in a week packed with economic data releases

    • Purchasing Managers’ Index (PMI)
  85. UK firms plan marked increase in employment, but only a third of businesses report confidence about hiring skilled staff

    16 November 2021 David Owen

    Projections for UK employment levels were upbeat again in October as firms look to ease labour shortages seen across vast areas of the economy...

    • Purchasing Managers’ Index (PMI)
  86. UK business confidence drops to 12-month low in October amid unprecedented inflation expectations, Accenture/IHS Markit UK Business Outlook finds

    15 November 2021 David Owen

    October data from the Accenture/S&P Global UK Business Outlook survey – a tri-annual survey based on a panel of around 1,300 companies in the...

    • Purchasing Managers’ Index (PMI)
  87. Vietnam economy rebounds after third quarter GDP contraction

    12 November 2021 Rajiv Biswas

    In 2020, Vietnam was one of the most resilient economies in the Asia-Pacific region to the shockwaves from the global COVID-19 pandemic, with...

    • Purchasing Managers’ Index (PMI)
  88. Week Ahead Economic Preview: Week of 15 November 2021

    12 November 2021 Rajiv Biswas Lewis Cooper Chris Williamson

    The coming week will bring important insights into economic trends in the US and China at the start of the fourth quarter, most notably via industrial...

    • Purchasing Managers’ Index (PMI)
  89. US equity investor sentiment surges higher as earnings outlook brightens

    09 November 2021 Chris Williamson

    US equity investor risk appetite improved for a second month running in November, rising to the highest since April

    • Purchasing Managers’ Index (PMI)
  90. Global inflation set to lift higher according to PMI surveys: five key charts

    08 November 2021 Chris Williamson

    A 13-year record rise in prices signalled by S&P Global's worldwide manufacturing and services PMI surveys in October points to a further acceleration...

    • Purchasing Managers’ Index (PMI)
  91. Global economic growth lifts higher as Delta variant disruption eases

    05 November 2021 Chris Williamson

    Global economic growth gained momentum at the start of the fourth quarter as disruptions to businesses in many countries eased in line with a...

    • Purchasing Managers’ Index (PMI)
  92. Week Ahead Economic Preview: Week of 8 November 2021

    05 November 2021 Rajiv Biswas Lewis Cooper Chris Williamson

    The coming week sees some important updates on inflation from the US and China, as well as some fresh UK GDP data to help steer policy at an...

    • Purchasing Managers’ Index (PMI)
  93. ASEAN manufacturing rebounds in October, RCEP ratification boosts longer-term economic outlook

    04 November 2021 Rajiv Biswas

    The ASEAN region has shown a strong rebound in manufacturing output during October, according to the latest S&P Global ASEAN Manufacturing PMI...

    • Purchasing Managers’ Index (PMI)
  94. Global manufacturing growth slows and sentiment darkens amid record supply delays, unprecedented price hikes and stalling trade

    02 November 2021 Chris Williamson

    Worldwide manufacturing output growth slowed in October to the weakest so far in the recovery from the initial pandemic lockdowns, constrained...

    • Purchasing Managers’ Index (PMI)
  95. Week Ahead Economic Preview: Week of 1 November 2021

    29 October 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Worldwide manufacturing and services PMIs will be released in the coming week for a detailed look into economic conditions into the start of...

    • Purchasing Managers’ Index (PMI)
  96. Eurozone bucks trend of higher flash PMIs, but record price rises are universal

    25 October 2021 Chris Williamson

    October’s preliminary PMI numbers showed growth picking up in the US and UK and reviving in Japan and Australia thanks to stronger service sector...

    • Purchasing Managers’ Index (PMI)
  97. Australia economy sees first expansion in four months, but higher demand drives up prices

    22 October 2021 Jingyi Pan

    October flash PMIs signalled that APAC economies, including Australia and Japan, returned to a state of expansion

    • Purchasing Managers’ Index (PMI)
  98. Eurozone flash PMI sees shortages and COVID-19 push growth to six-month low, and inflationary pressures to two-decade high

    22 October 2021 Chris Williamson

    Eurozone business activity growth slowed sharply to a six-month low in October amid increasing supply bottlenecks and ongoing COVID-19 concerns...

    • Purchasing Managers’ Index (PMI)
  99. UK flash manufacturing PMI masks deteriorating production trend

    22 October 2021 Chris Williamson

    A rise in the headline flash UK manufacturing PMI masked a deterioration in the rate of growth of output in October

    • Purchasing Managers’ Index (PMI)
  100. UK Flash PMI signals economy lifted by service sector, but manufacturing falters and prices rise at record rate

    22 October 2021 Chris Williamson

    The flash PMI data show the UK economy picking up speed again in October, however the expansion is looking increasingly dependent on the service...

    • Purchasing Managers’ Index (PMI)
  101. Week Ahead Economic Preview: Week of 25 October 2021

    22 October 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    A flurry of central bank meetings take place across the globe in the coming week, encompassing Canada, the eurozone and Japan, and we get glimpses...

    • Purchasing Managers’ Index (PMI)
  102. Estimating short-term FX equilibria using PMIs: EUR/USD case study

    19 October 2021 Joseph Hayes

    New research by S&P Global aims to demonstrate how timely PMI survey data can enhance short-term equilibrium exchange rate estimation by quantifying...

    • Purchasing Managers’ Index (PMI)
  103. PMI™ as a tool for equity portfolio adjustment

    18 October 2021 Paul Smith, Ph.D.

    Following on from our previous work related to PMI and its application in financial markets settings, this paper provides another fruitful avenue...

    • Purchasing Managers’ Index (PMI)
  104. Week Ahead Economic Preview: Week of 18 October 2021

    14 October 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMIs will offer early insights into economic conditions into the start of Q4 next week

    • Purchasing Managers’ Index (PMI)
  105. Economic growth stalls in Sub-Saharan Africa amid renewed lockdowns and supply chain disruption

    12 October 2021 David Owen

    Sub-Saharan Africa saw economic activity stall during the third quarter of 2021, as a wave of the COVID-19 Delta variant led to heightened lockdown...

    • Purchasing Managers’ Index (PMI)
  106. US equity investor sentiment lifts from lows in October but caution persists amid concerns over policy and politics

    12 October 2021 Chris Williamson

    US equity investors’ risk appetite has picked up in October from the one-year survey low seen in September, but remains subdued compared to earlier...

    • Purchasing Managers’ Index (PMI)
  107. Three key economic takeaways from September's Asia Sector PMI

    08 October 2021 Jingyi Pan

    Asia Sector PMI data showed an economic improvement in the region with eight of the 18 sectors reporting output growth in September

    • Purchasing Managers’ Index (PMI)
  108. Monthly PMI Bulletin: October 2021

    08 October 2021 Jingyi Pan Chris Williamson

    The global economy expanded for a fifteenth straight month in September, according to the JPMorgan Global PMI™ (compiled by S&P Global)

    • Purchasing Managers’ Index (PMI)
  109. Week Ahead Economic Preview: Week of 11 October 2021

    08 October 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    The week ahead brings a busy economic calendar with inflation data due from the US and China plus GDP and labour market updates from the UK

    • Purchasing Managers’ Index (PMI)
  110. Global auto makers suffer record underperformance amid supply chain delays

    07 October 2021 Chris Williamson

    Ten key charts on the global auto manufacturing sector

    • Purchasing Managers’ Index (PMI)
  111. US sector data show economic growth slowing across consumer, tech and financial sectors

    05 October 2021 Jingyi Pan

    The latest S&P Global US Sector PMI™ indicated a slowdown in growth across four of the seven sectors tracked, led by the technology sector

    • Purchasing Managers’ Index (PMI)
  112. Global manufacturing prices spike higher amid supply constraints, but demand pressures show signs of easing

    04 October 2021 Chris Williamson

    Manufacturing input costs rose at an accelerated rate in September, increasing at one of the sharpest rates seen over the past decade as supply...

    • Purchasing Managers’ Index (PMI)
  113. Global manufacturing subdued by supply constraints, but pressures from Delta wave show signs of easing

    01 October 2021 Chris Williamson

    The pace of manufacturing output growth steadied in September after hitting the lowest for over a year in August, though was kept subdued by...

    • Purchasing Managers’ Index (PMI)
  114. Week Ahead Economic Preview: Week of 4 October 2021

    01 October 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Worldwide services PMIs will be in focus next week following the manufacturing PMI updates

    • Purchasing Managers’ Index (PMI)
  115. Vietnam economy slump persists into September amid worsening supply constraints

    01 October 2021 Jingyi Pan

    Vietnam GDP contracted sharply in Q3, reflecting the COVID-19 hit to the economy, in line with early signals from the S&P Global Vietnam Manufacturing...

    • Purchasing Managers’ Index (PMI)
  116. Understanding the headline PMI™ and its subindices

    28 September 2021

    Learn in-depth tips and background insights about Purchasing Managers Index from the experts who compile and analyse the survey data at S&P Global...

    • Indices
    • Economic Data
  117. Developed world economies hit by slower growth and rising prices

    24 September 2021 Chris Williamson

    The rate of growth of the world's four largest developed economies deteriorated for a fourth month running in September, according to the flash...

    • Purchasing Managers’ Index (PMI)
  118. Week Ahead Economic Preview: Week of 27 September 2021

    24 September 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    September manufacturing PMIs will be released with the turn of the month next week while inflation updates are awaited from the US and eurozone...

    • Purchasing Managers’ Index (PMI)
  119. UK Flash PMI sends stagflation warning as growth wanes but prices rise at record rate

    23 September 2021 Chris Williamson

    A fourth successive monthly slowing of business activity has taken the pace of expansion to its lowest since January’s lockdown, according to...

    • Purchasing Managers’ Index (PMI)
  120. Eurozone flash PMI at five-month low as economy hit by bottlenecks and soaring prices

    23 September 2021 Chris Williamson

    September’s flash eurozone PMI highlighted an unwelcome combination of sharply slower economic growth and steeply rising prices

    • Purchasing Managers’ Index (PMI)
  121. Understanding … headline PMI vs. subindices: how signals can be lost by focusing exclusively on the headline PMI

    21 September 2021 Chris Williamson

    The aggregation of different components into one headline ‘PMI’ indicator, designed as an overall barometer of business conditions, means a considerable...

    • Purchasing Managers’ Index (PMI)
  122. Rising COVID-19 cases and supply chain disruptions overshadow Japan's Olympic Games boost

    20 September 2021 Usamah Bhatti

    The Japanese private sector reported a sharp deterioration in business conditions during August, with rising COVID-19 cases across the country...

    • Purchasing Managers’ Index (PMI)
  123. Thailand: COVID-19 Delta Wave Disrupts Economic Recovery

    16 September 2021 Rajiv Biswas

    Thailand had considerable success in containing its domestic COVID-19 pandemic during 2020 and the first quarter of 2021

    • Purchasing Managers’ Index (PMI)
  124. Week Ahead Economic Preview: Week of 20 September 2021

    16 September 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    An action-packed week ahead promises an abundance of central bank meetings, including the US Fed FOMC, BOE and BOJ policy meetings

    • Purchasing Managers’ Index (PMI)
  125. US equity investor sentiment slides to lowest for a year amid COVID-19 and policy concerns

    15 September 2021 Chris Williamson

    A new survey from S&P Global reveals that US equity investors' risk appetite has deteriorated to the worst level recorded over the past year...

    • Purchasing Managers’ Index (PMI)
  126. UK economy slows as demand rebound fades and supply constraints bite

    13 September 2021 Chris Williamson

    The underlying trend in the pace of UK economic growth likely slowed for a third successive month in August

    • Purchasing Managers’ Index (PMI)
  127. Hints of stagflation cause fresh headaches for central banks

    10 September 2021 Chris Williamson

    Recent PMI data have sent diverging signals on the path of central bank policy tapering

    • Purchasing Managers’ Index (PMI)
  128. APAC Electronics Industry Hit by Escalating Supply Chain Disruptions

    10 September 2021 Rajiv Biswas

    The new COVID-19 waves in East Asian electronics manufacturing hubs have further increased supply chain disruptions at electronics plants

    • Purchasing Managers’ Index (PMI)
  129. Week Ahead Economic Preview: Week of 13 September 2021

    10 September 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    A busy week of economic releases is lined up ahead with US and UK August inflation numbers to watch

    • Purchasing Managers’ Index (PMI)
  130. Asia economic downturn spreads as supply constraints hit more sectors

    08 September 2021 Jingyi Pan

    Asia Sector PMI showed only five of 18 sectors reported output growth in August, the lowest number since June 2020

    • Purchasing Managers’ Index (PMI)
  131. Monthly PMI Bulletin: September 2021

    08 September 2021 Jingyi Pan Chris Williamson

    The global economy expanded for a fourteenth straight month in August, according to the JPMorgan Global PMI™ (compiled by S&P Global)

    • Purchasing Managers’ Index (PMI)
  132. Delta wave hits hospitality, autos, tech and construction, boosts healthcare

    07 September 2021 Chris Williamson

    With August seeing a rise in COVID-19 case numbers globally due to the spread of the Delta variant, it was no surprise to see healthcare leading...

    • Purchasing Managers’ Index (PMI)
  133. UK construction activity hit by unprecedented shortages and cost pressures

    07 September 2021 Chris Williamson

    The UK construction PMI showed the contruction activity is being hit by shortages of raw materials and labour, and reaches its lowest output...

    • Purchasing Managers’ Index (PMI)
  134. Global economic growth slows sharply as Delta variant hits businesses, pushing emerging markets into decline

    06 September 2021 Chris Williamson

    Global economic growth slowed to the lowest since January in August as the spread of the COVID-19 Delta variant disrupted activity around the...

    • Purchasing Managers’ Index (PMI)
  135. Emerging markets bearing brunt of latest COVID-19 Delta wave impact

    03 September 2021 Jingyi Pan

    Emerging markets slipped into contraction in August for the first time in fourteen months, reflecting the pressure stemming from the latest COVID-19...

    • Purchasing Managers’ Index (PMI)
  136. ASEAN Economies Hit Hard by Escalating Covid Delta Waves

    03 September 2021 Rajiv Biswas

    Many Southeast Asian economies have continued to be hammered by escalating new COVID-19 Delta waves during August

    • Purchasing Managers’ Index (PMI)
  137. Week Ahead Economic Preview: Week of 6 September 2021

    03 September 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Central bank meetings in the eurozone, Australia and Malaysia pack the week ahead, with the focus firmly on whether the European Central Bank...

    • Purchasing Managers’ Index (PMI)
  138. Global manufacturing growth at lowest for 14 months as supply chains worsen amid Delta variant spread, price pressures hold close to decade highs

    02 September 2021 Chris Williamson

    A mild decline in the headline global PMI masks a more worrying downturn in manufacturing production revealed by the survey’s sub-indices. These...

    • Purchasing Managers’ Index (PMI)
  139. Week Ahead Economic Preview: Week of 30 August 2021

    27 August 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Worldwide manufacturing and services PMIs offer the first comprehensive look at economic conditions around the globe in August next week

    • Purchasing Managers’ Index (PMI)
  140. Case study: anticipating the UK recession during the global financial crisis

    25 August 2021 Chris Williamson

    S&P Global’s PMI business surveys provide leading signals of economic change ahead of comparable official data. In this example we look at how...

    • Purchasing Managers’ Index (PMI)
  141. Eurozone leads as US and UK growth wanes, Japan and Australia contract

    23 August 2021 Chris Williamson

    Flash PMI surveys showed the eurozone enjoying the strongest expansion of the major developed economies in August

    • Purchasing Managers’ Index (PMI)
  142. Eurozone flash PMI holds close to 15-year high in August, job market booms

    23 August 2021 Chris Williamson

    Eurozone business activity continued to grow at one of the strongest rates seen over the past two decades in August

    • Purchasing Managers’ Index (PMI)
  143. Week Ahead Economic Preview: Week of 23 August 2021

    20 August 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    August flash PMIs will offer updates on economic conditions at the crossroads of improving COVID-19 vaccination rates and the spread of the Delta...

    • Purchasing Managers’ Index (PMI)
  144. Lockdown hits consumer services activity in Australia, but tech sector continues strong growth run

    18 August 2021 David Owen

    The spread of the COVID-19 Delta variant, and subsequent state capital lockdowns, fuelled a sharp decline in economic activity across Australia...

    • Purchasing Managers’ Index (PMI)
  145. Case study: PMI data sent early signals of GFC impact on Eurozone GDP

    18 August 2021 Chris Williamson

    A retrospective of 2008 underscores the value of the PMI survey in providing policymakers with an early picture of economic conditions

    • Purchasing Managers’ Index (PMI)
  146. Case study: Lessons from 2017 in using PMI data to map Eurozone GDP revisions

    18 August 2021 Chris Williamson

    The 2017 period serves as a reminder to treat early GDP estimates with caution, with the PMI historically providing a valuable advance guide...

    • Purchasing Managers’ Index (PMI)
  147. Understanding… PMI backlogs of work: a key indicator of capacity utilisation, providing insights into investment, hiring and inflation

    12 August 2021 Chris Williamson

    The backlogs of work index from S&P Global’s PMI business surveys captures the volume of orders that a company has received but has yet to either...

    • Purchasing Managers’ Index (PMI)
  148. Philippines Economic Rebound Hit by New COVID-19 Wave

    12 August 2021 Rajiv Biswas

    The Philippines economy rebounded strongly in the second quarter of 2021, after five consecutive quarters of economic contraction during 2020...

    • Purchasing Managers’ Index (PMI)
  149. Week Ahead Economic Preview: Week of 16 August 2021

    12 August 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Meeting minutes from the Fed and RBA will be released in the coming week while a series of economic data will be closely watch, including eurozone...

    • Purchasing Managers’ Index (PMI)
  150. Inflationary pressures build as shortages cause prices to soar in Czech Republic

    10 August 2021 Sian Jones

    The Czech manufacturing sector has seen a marked expansion in output in recent months, as demand continued to recover from a tumultuous year

    • Purchasing Managers’ Index (PMI)
  151. Monthly PMI Bulletin: August 2021

    10 August 2021 Jingyi Pan Chris Williamson

    Purchasing Managers’ Index™ (PMI™) data are compiled by S&P Global for more than 40 economies worldwide. The monthly data are derived from surveys...

    • Purchasing Managers’ Index (PMI)
  152. New virus waves dampen global economy, hit supply and push prices higher

    06 August 2021 Chris Williamson

    S&P Global’s PMI business surveys showed the global economic recovery continuing into July, but the rate of expansion lost momentum

    • Purchasing Managers’ Index (PMI)
  153. Week Ahead Economic Preview: Week of 9 August 2021

    06 August 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Inflation data take centre stage amid further signs of rising prices

    • Purchasing Managers’ Index (PMI)
  154. Global economic recovery remains driven by consumer services while basic materials output lags

    05 August 2021 Jingyi Pan

    The S&P Global Global Sector PMI™ signalled sustained strong recovery for the global economy, led by the consumer services sector

    • Purchasing Managers’ Index (PMI)
  155. Global manufacturing supply constraints continue to develop at record rate

    02 August 2021 Chris Williamson

    July saw another unprecedented lengthening of manufacturers’ supply chains, linked in many cases to production of key components being hit by...

    • Purchasing Managers’ Index (PMI)
  156. South Korea Economic Rebound Threatened by New COVID Wave

    02 August 2021 Rajiv Biswas

    A key risk to the near-term economic outlook of South Korea is the sharp upturn in daily new COVID-19 cases during July, with the highly transmissible...

    • Purchasing Managers’ Index (PMI)
  157. Eurozone manufacturing growth hit by supply shortages, and prices rise ever higher

    02 August 2021 Chris Williamson

    The Eurozone manufacturing PMI survey brought further signs that manufacturers and their suppliers are struggling to raise capacity fast enough...

    • Purchasing Managers’ Index (PMI)
  158. Week Ahead Economic Preview: Week of 2 August 2021

    02 August 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    A fully-packed week for economy watchers kicks off with worldwide manufacturing and services PMIs and rounds off with the US jobs report

    • Purchasing Managers’ Index (PMI)
    • Indices
  159. Eurozone leads as US and UK see slower growth, Japan and Australia contract

    26 July 2021 Chris Williamson

    Flash PMI surveys showed mixed trends in July, with COVID-19 once again playing a key role in divergences

    • Purchasing Managers’ Index (PMI)
  160. Global electronics industry faces continuing supply disruptions

    26 July 2021 Rajiv Biswas

    Rebounding consumer spending and industrial production in key economies, notably the US, China, EU and UK, is helping to drive demand for a wide...

    • Purchasing Managers’ Index (PMI)
  161. Week Ahead Economic Preview: Week of 26 July 2021

    26 July 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Friday's flash PMI data brought some relief on the price front, with the US survey price gauges down for a second straight month to hint that...

    • Purchasing Managers’ Index (PMI)
  162. Japan shows further divergence from other developed economies as virus disruptions continue

    26 July 2021 Jingyi Pan

    The au Jibun Bank Flash Japan Composite PMI, compiled by S&P Global, indicated Japan's private sector shrank for a third straight month in July...

    • Purchasing Managers’ Index (PMI)
  163. Flash UK PMI slides to four-month low as COVID-19 wave dampens economic growth

    23 July 2021 Chris Williamson

    July saw the UK economy's recent growth spurt hit by a rising wave of virus infections, which subdued customer demand, disrupted supply chains...

    • Purchasing Managers’ Index (PMI)
  164. UK manufacturing output hit as covid wave limits staff and component availability

    23 July 2021 Chris Williamson

    July’s flash PMI data for UK manufacturing revealed that production growth was stymied by the rising wave of COVID-19 infections

    • Purchasing Managers’ Index (PMI)
  165. Flash Eurozone PMI signals fastest economic growth for 21 years

    23 July 2021 Chris Williamson

    Eurozone business activity grew at the fastest rate for 21 years in July as the economy continued to re-open from COVID-19 restrictions. The...

    • Purchasing Managers’ Index (PMI)
  166. Flash Australia PMI signals economy in contraction amid widespread lockdowns

    23 July 2021 Jingyi Pan

    Renewed movement restrictions, brought about by the spread of the Delta variant, weighed heavily on the Australian economy in July

    • Purchasing Managers’ Index (PMI)
  167. Understanding … PMI suppliers' delivery times: A widely used indicator of supply delays, capacity constraints and price pressures

    21 July 2021 Chris Williamson

    The suppliers’ delivery times index from S&P Global’s PMI business surveys captures the extent of supply chain delays in an economy, which in...

    • Purchasing Managers’ Index (PMI)
  168. Taiwan's export boom comes off the boil

    20 July 2021 Chris Williamson

    Taiwanese export data show the growth rate cooling in the second quarter, corroborating recent PMI survey findings of slower export gains

    • Purchasing Managers’ Index (PMI)
  169. Week Ahead Economic Preview: Week of 19 July 2021

    15 July 2021 Rajiv Biswas Jingyi Pan Chris Williamson

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

    • Purchasing Managers’ Index (PMI)
  170. APAC Economies Hit by New COVID-19 Waves

    15 July 2021 Rajiv Biswas

    Despite the strong rebound in global economic growth in H1 2021 led by the US and Western Europe, many APAC economies are being hit by new COVID-19...

    • Purchasing Managers’ Index (PMI)
  171. Majority of UK companies see output recover to pre-pandemic levels in June

    14 July 2021 David Owen

    The Accenture/S&P Global UK Business Outlook showed that the impact of the COVID-19 pandemic on UK companies has lessened considerably in recent...

    • Purchasing Managers’ Index (PMI)
  172. UK businesses forecast record growth in employment, Accenture/IHS Markit UK Business Outlook finds

    12 July 2021 David Owen

    UK business optimism continued to strengthen midway through the year, as expectations of a strong recovery enabled firms to plan a record increase...

    • Purchasing Managers’ Index (PMI)
  173. Delta variant spread poses key risks to global economic recovery

    12 July 2021 Jingyi Pan

    June global PMI brought greater warnings of the Delta wave’s effect on diverging economic performance

    • Purchasing Managers’ Index (PMI)
  174. Myanmar economy hit by double whammy of COVID-19 and military coup, while depreciating kyat adds to inflation pressures

    09 July 2021 Shreeya Patel

    Latest PMI™ data revealed another sharp deterioration in the health of Myanmar’s manufacturing sector at the end of the second quarter, as firms...

    • Purchasing Managers’ Index (PMI)
  175. Australia-China Trade Tensions: The Great Escape?

    09 July 2021 Rajiv Biswas

    China-Australia trade tensions have escalated significantly in 2020-21, with Australian exports of goods having been impacted by an increasing...

    • Purchasing Managers’ Index (PMI)
  176. Week Ahead Economic Preview: Week of 12 July 2021

    09 July 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Central bank meetings will be held in Canada, Japan, New Zealand and South Korea in the coming week, which come alongside important inflation...

    • Purchasing Managers’ Index (PMI)
  177. Global economic growth cools from 15-year high as demand peaks and new COVID-19 waves hit

    07 July 2021 Chris Williamson

    The global economy expanded at a solid rate again in June, according to the JPMorgan Global PMI™ (compiled by S&P Global)

    • Purchasing Managers’ Index (PMI)
  178. Consumers drive worldwide variations in economic growth and inflation

    07 July 2021 Chris Williamson

    S&P Global's PMI surveys indicate that demand is switching from goods to services, but regional divergences in consumer spending remained marked...

    • Purchasing Managers’ Index (PMI)
  179. Vaccine dividend drives widening global economic growth divergences

    06 July 2021 Chris Williamson

    S&P Global's PMI business surveys showed the global economic recovery losing slight momentum in June though regional differences remained marked...

    • Purchasing Managers’ Index (PMI)
  180. Global manufacturing economy reels from intensifying supply shortages

    02 July 2021 Chris Williamson

    Although global manufacturing output growth ran at one of the fastest rates seen for over a decade in June, capacity constraints continued to...

    • Purchasing Managers’ Index (PMI)
  181. Week Ahead Economic Preview: Week of 5 July 2021

    02 July 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Worldwide services and composite PMIs will be in focus following the release of global manufacturing PMIs, which highlighted the continued divergence...

    • Purchasing Managers’ Index (PMI)
  182. Vietnam Economy: New Covid-19 Wave Creates Downside Risks to Near-Term Outlook

    02 July 2021 Rajiv Biswas

    The latest S&P Global Vietnam Manufacturing PMI for June 2021 showed a sharp drop, reflecting the impact of the rising Covid wave.

    • Purchasing Managers’ Index (PMI)
  183. PMI data reveal widest UK-eurozone export divergence for 20 years in 2021

    01 July 2021 Chris Williamson

    UK suppliers of components and smaller firms hit especially hard since end of Brexit transition period

    • Purchasing Managers’ Index (PMI)
  184. Eurozone manufacturers report unprecedented price spike as PMI hits new all-time high, but will the price surge prove transitory?

    01 July 2021 Chris Williamson

    Eurozone manufacturing continued to grow at a rate unbeaten in almost 24 years of survey history in June as demand surged with the further relaxation...

    • Purchasing Managers’ Index (PMI)
  185. Week Ahead Economic Preview: Week of 28 June 2021

    25 June 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Recent PMI data have highlighted the 'vaccine dividend' driving strong growth in the US and Europe while many other countries continue to struggle...

    • Purchasing Managers’ Index (PMI)
  186. US and Europe report strong growth in June as Japan contracts

    23 June 2021 Chris Williamson

    The US continued to lead the global economic rebound in June, according to flash PMI data from S&P Global, but also showed signs of growth peaking...

    • Purchasing Managers’ Index (PMI)
  187. Flash UK PMI price gauges hit record highs in June

    23 June 2021 Chris Williamson

    Record levels of the UK flash PMI survey's price gauges and the further development of capacity constraints hint strongly that consumer price...

    • Purchasing Managers’ Index (PMI)
  188. Flash UK PMI signals record surge in employment, but also hints at higher wages

    23 June 2021 Chris Williamson

    UK businesses reported a record increase in employment during June as the economy continued to reopen from COVID-19 restrictions, according to...

    • Purchasing Managers’ Index (PMI)
  189. Eurozone prices spike higher as economy grows at fastest rate for 15 years

    23 June 2021 Chris Williamson

    Eurozone business activity grew at the fastest rate for 15 years in June as the economy re-opened further from virus-fighting restrictions and...

    • Purchasing Managers’ Index (PMI)
  190. Flash UK PMI holds close to record high in June as economy booms

    23 June 2021 Chris Williamson

    The UK’s record economic growth spurt continued in June, according to the latest flash PMI data from S&P Global and CIPS

    • Purchasing Managers’ Index (PMI)
  191. Japan flash PMI indicates further economic slowdown in June amid COVID-19 emergency and supply disruptions

    23 June 2021 Jingyi Pan

    June flash PMI showed Japan’s private sector contracted for a second straight month as COVID-19 restrictions and supply woes constrained output...

    • Purchasing Managers’ Index (PMI)
  192. Global economic growth surges to 15-year high as COVID-19 lockdowns ease

    21 June 2021 Chris Williamson

    Global economic growth accelerated to the fastest for 15 years in May as economies continued to open up from COVID-19 related restrictions

    • Purchasing Managers’ Index (PMI)
  193. PMI data hint at rising numbers of staff shortages

    17 June 2021 Chris Williamson

    S&P Global's PMI business surveys showed the economic recovery gaining momentum in May as output growth accelerated to the fastest for 15 years...

    • Purchasing Managers’ Index (PMI)
  194. Asia Pacific trade outlook in 2021

    17 June 2021 Rajiv Biswas

    The strong rebound in global economic growth in the first half of 2021 has driven a significant upturn in Asia Pacific merchandise exports which...

    • Purchasing Managers’ Index (PMI)
  195. Week Ahead Economic Preview: Week of 21 June 2021

    17 June 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    Flash PMIs will be released in the coming week for the US, UK, eurozone, Japan and Australia

    • Purchasing Managers’ Index (PMI)
  196. Lack of tourism set to drag on Greek economic recovery

    16 June 2021 Sian Jones

    As Europe begins to ramp up vaccination rollouts, countries such as Greece, where the tourism sector is vital to the wider economy, have an additional...

    • Purchasing Managers’ Index (PMI)
  197. Week Ahead Economic Preview: Week of 14 June 2021

    11 June 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    The highly anticipated Federal Open Market Committee (FOMC) meeting will take place alongside central bank meetings in Japan, Taiwan and Indonesia...

    • Purchasing Managers’ Index (PMI)
  198. US Sector PMI shows improvement in consumer confidence

    10 June 2021 Jingyi Pan

    The S&P Global US Sector PMI™ reflected continued improvement in business activity across all seven broad categories surveyed

    • Purchasing Managers’ Index (PMI)
  199. Week Ahead Economic Preview: Week of 7 June 2021

    04 June 2021 Jingyi Pan Chris Williamson

    A series of key economic data releases are anticipated in the coming week, in addition to central bank meetings in the eurozone and Canada

    • Purchasing Managers’ Index (PMI)
  200. US PMI surveys signal record growth as economic recovery shifts up a gear

    03 June 2021 Chris Williamson

    The S&P Global US composite PMI, covering both manufacturing and services, showed one of the largest jumps on record in May

    • Purchasing Managers’ Index (PMI)
  201. Global manufacturing PMI highlights sustained supply constraints and price pressures

    02 June 2021 Jingyi Pan

    Global manufacturing PMI reflects supply chain woes persisted in May

    • Purchasing Managers’ Index (PMI)
  202. Eurozone manufacturing PMI hits record high for third straight month

    01 June 2021 Chris Williamson

    Eurozone manufacturing continued to grow at a rate unprecedented in almost 24 years of survey history in May, but also indicated record capacity...

    • Purchasing Managers’ Index (PMI)
  203. Philippines remains mired in recession due to latest Covid-19 wave

    28 May 2021 Rajiv Biswas

    The Philippines has remained in protracted recession during early 2021, suffering its fifth consecutive quarter of economic contraction in the...

    • Purchasing Managers’ Index (PMI)
  204. Week Ahead Economic Preview: Week of 31 May 2021

    28 May 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    A busy week is packed with manufacturing and services PMIs around the globe and rounds off with the May US labour market update. The news flow...

    • Purchasing Managers’ Index (PMI)
  205. Week Ahead Economic Preview: Week of 24 May 2021

    24 May 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    The focus this week is on central banks, as taper talk stirs...

    • Purchasing Managers’ Index (PMI)
  206. Asia-Pacific Economies Hit by Rising New Covid Waves

    24 May 2021 Rajiv Biswas

    An increasing number of Asia-Pacific (APAC) economies have been hit by escalating Covid-19 waves during April and May, reflecting factors such...

    • Purchasing Managers’ Index (PMI)
  207. US and European growth surges as economies reopen, but Japan slides back into contraction

    21 May 2021 Chris Williamson

    Flash PMI survey data showed business activity rising strongly in the US and Europe during May as these economies continued to open up from Covid-19...

    • Purchasing Managers’ Index (PMI)
  208. Flash Japan Composite PMI signals economy back in contraction amid virus wave

    21 May 2021 Jingyi Pan

    au Jibun Bank Japan PMI

    • Purchasing Managers’ Index (PMI)
  209. Flash UK PMI hits record high in May as economy reopens

    21 May 2021 Chris Williamson

    The UK is enjoying an unprecedented growth spurt as the economy reopens, according to the latest flash PMI data from S&P Global and CIPS

    • Purchasing Managers’ Index (PMI)
  210. Eurozone economy revives as demand surges at fastest rate for 15 years

    21 May 2021 Chris Williamson

    Demand for goods and services is surging at the sharpest rate for nearly 15 years across the eurozone, according to flash PMI data form S&P Global...

    • Purchasing Managers’ Index (PMI)
  211. Flash Australia PMI price gauges hit new highs as economy continues to revive

    21 May 2021 Jingyi Pan

    The Australian economy continued to expand into the second quarter with May flash PMI data from S&P Global indicating a ninth consecutive month...

    • Purchasing Managers’ Index (PMI)
  212. Use-case illustrations for PMI by S&P Global

    17 May 2021

    Get insights on the Purchasing Managers' Index from third-party articles and learn how to use PMI and the value of early data in planning and...

    • Indices
    • Economic Data
  213. New case studies in active PMI™ investment strategies in Japan and the US

    17 May 2021 Sian Jones Paul Smith, Ph.D. Eliot Kerr

    In this paper we present ideas on how to derive signals from national sector PMI data and use these in active equity investment strategies for...

    • Purchasing Managers’ Index (PMI)
  214. Week Ahead Economic Preview: Week of 17 May 2021

    17 May 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    A busy economic calendar is seen for the week ahead with special attention on May's flash PMI data due from the US, Eurozone, Japan, UK and Australia...

    • Purchasing Managers’ Index (PMI)
  215. Global jobs growth reaches highest since 2007 as demand surges

    10 May 2021 Chris Williamson

    Global business surveys indicated a marked upturn in hiring in April as companies boosted activity in line with resurgent demand for goods and...

    • Purchasing Managers’ Index (PMI)
  216. Global PMI at 11-year high as services take the lead, sets scene for strong Q2

    10 May 2021 Chris Williamson

    Global economic growth accelerated sharply in April, and further robust growth looks likely in the coming months

    • Purchasing Managers’ Index (PMI)
  217. Global orders for business equipment surge at fastest rate in a decade

    10 May 2021 Chris Williamson

    Worldwide orders for business equipment rose at the fastest rate for a decade in April, as increasing numbers of companies invested in expanding...

    • Purchasing Managers’ Index (PMI)
  218. Global PMI at 11-year high as services take the lead

    10 May 2021 Chris Williamson

    Global economic growth accelerated sharply in April to reach an 11-year high

    • Purchasing Managers’ Index (PMI)
  219. UK hiring activity at 23½-year high as employers look to life post-lockdown

    07 May 2021 Annabel Fiddes

    The gradual rollback of pandemic restrictions and the roadmap out of lockdown led to a flurry of hiring activity across the UK in April

    • Purchasing Managers’ Index (PMI)
  220. Surging GDP growth in Taiwan boosted by electronics exports

    07 May 2021 Rajiv Biswas

    Taiwan recorded buoyant GDP growth of 8.2% year-on-year in the first quarter of 2021, helped by rapid growth of electronics exports to key markets...

    • Purchasing Managers’ Index (PMI)
  221. Week Ahead Economic Preview: Week of 10 May 2021

    07 May 2021 Rajiv Biswas Jingyi Pan Chris Williamson

    After April's global PMIs revealed the strongest growth in 11 years, official economic data releases will be of interest to track recovery momentum...

    • Purchasing Managers’ Index (PMI)
  222. Consumer sectors playing catch-up as lockdown measures ease

    06 May 2021 Jingyi Pan

    The US private sector exhibited the strongest expansion on record in April, supported by faster growth in both manufacturing and service sectors...

    • Purchasing Managers’ Index (PMI)
  223. Record supply delays lead to highest manufacturing price rise since 2008

    04 May 2021 Chris Williamson

    US manufacturers reported the biggest boom in at least 14 years during April, but supply constraints at a time of surging demand are causing...

    • Purchasing Managers’ Index (PMI)
  224. Factory growth hits 11-year high, but record supply delays push price gauge to new peak

    04 May 2021 Chris Williamson

    The rebound in demand from COVID-19 lockdowns propelled global manufacturing output growth to its fastest for 11 years at the start of the second...

    • Purchasing Managers’ Index (PMI)
  225. Week Ahead Economic Preview: Week of 3 May 2021

    30 April 2021 Rajiv Biswas Ken Wattret Jingyi Pan Chris Williamson

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

    • Purchasing Managers’ Index (PMI)
  226. Small UK manufacturers hit by post-Brexit slide in exports

    27 April 2021 Chris Williamson

    UK PMI data show smaller firms hit by slumping exports so far in 2021, contrasting with strong export growth at large firms

    • Purchasing Managers’ Index (PMI)
  227. Supply delays and commodity price hikes stoke inflation concerns

    26 April 2021 Usamah Bhatti

    Supply chain constraints and shortages of critical materials have accompanied the recovery in global demand for goods and services, according...

    • Purchasing Managers’ Index (PMI)
  228. Flash PMI data highlight vaccine growth dividend for US and UK

    26 April 2021 Chris Williamson

    The US and UK reported stronger economic growth than Japan and the eurozone in April, according to flash PMI data from S&P Global

    • Purchasing Managers’ Index (PMI)
  229. Australian economy rebounds in early 2021

    26 April 2021 Rajiv Biswas

    The Australian economy has rebounded in early 2021 from the impact of the COVID-19 pandemic restrictive measures that hit domestic demand during...

    • Purchasing Managers’ Index (PMI)
  230. Week Ahead Economic Preview: Week of 26 April 2021

    26 April 2021 Rajiv Biswas Ken Wattret Jingyi Pan Daniel Yergin, Ph.D. Chris Williamson

    The coming week sees central bank policy meetings in the US and Japan alongside some key economic data releases

    • Purchasing Managers’ Index (PMI)
  231. UK Flash PMI close to all-time highs in April as UK lockdowns ease

    23 April 2021 Chris Williamson

    An easing of COVID-19 containment measures in April helped drive the pace of UK economic growth to the best for almost seven and a half years...

    • Purchasing Managers’ Index (PMI)
  232. Eurozone economic recovery gathers momentum as manufacturing booms

    23 April 2021 Chris Williamson

    In a month during which virus containment measures were tightened in the face of further waves of infections, the eurozone economy showed encouraging...

    • Purchasing Managers’ Index (PMI)
  233. Flash PMI signals K-shaped recovery as manufacturing growth contrasts with further service sector decline

    23 April 2021 Jingyi Pan

    The Japanese economy saw encouraging signs in April according to preliminary PMI data

    • Purchasing Managers’ Index (PMI)
  234. Construction output rebounds at end of first quarter

    22 April 2021 Usamah Bhatti

    The UK's construction sector recovery gathered momentum in March, according to S&P Global/CIPS PMI data, as robust increases in output across...

    • Purchasing Managers’ Index (PMI)
  235. Supply delays hit unprecedented levels, and look set to get worse

    21 April 2021 Daniel Yergin, Ph.D.

    If you’re wondering why your new couch is going to take three or four months to arrive, not just a few weeks, the reason is simple: You are...

    • Purchasing Managers’ Index (PMI)
  236. New PMI data signal outperformance of Queensland since COVID-19 outbreak

    16 April 2021 David Owen

    S&P Global's Australia PMI data have recently been expanded in order to delve more deeply into the regional and sectoral trends affecting business...

    • Purchasing Managers’ Index (PMI)
  237. Week Ahead Economic Preview: Week of 19 April 2021

    16 April 2021 Rajiv Biswas Ken Wattret Chris Williamson

    Interest rate decisions are scheduled at central banks in the eurozone, Canada, Indonesia and Russia in a week which also sees the publication...

    • Purchasing Managers’ Index (PMI)
  238. Relative underperformance of major cities continues into 2021, but brighter outlook forecast

    14 April 2021 Lewis Cooper Andrew Harker

    As was the case throughout much of 2020, a range of major cities across the world have continued to underperform relative to the rest of their...

    • Purchasing Managers’ Index (PMI)
  239. US leads global growth to highest since August 2014 as service sectors revive

    13 April 2021 Chris Williamson

    Global economic growth accelerated in March, buoyed by a rejuvenated service sector accompanying further manufacturing growth

    • Purchasing Managers’ Index (PMI)
  240. Philippines Economy Hit by Rising COVID-19 Wave

    09 April 2021 Rajiv Biswas

    The near-term outlook for the Philippines economy has been impacted by a sharply rising wave of new COVID-19 cases since mid-March 2021

    • Purchasing Managers’ Index (PMI)
  241. Week Ahead Economic Preview: Week of 12 April 2021

    09 April 2021 Rajiv Biswas Lewis Cooper Ken Wattret Chris Williamson

    Updates to economic trends in China, Japan, the US, Eurozone and UK will dominate the week as markets seek insights into growth momentum amid...

    • Purchasing Managers’ Index (PMI)
  242. Global price gauge hits new high as input cost inflation accelerates sharply

    08 April 2021 Chris Williamson

    Inflationary pressures have risen worldwide to the highest for at least a decade as a surge in demand is accompanied by widespread supply constraints...

    • Purchasing Managers’ Index (PMI)
  243. Global employment growth near two-year high in March

    07 April 2021 Chris Williamson

    Global employment growth accelerated in March, according to the worldwide PMI surveys compiled by S&P Global, as companies increasingly sought...

    • Purchasing Managers’ Index (PMI)
  244. Global growth at highest since August 2014 as service sector revives

    07 April 2021 Chris Williamson

    Global economic growth accelerated to the fastest in just over six and a half years in March, buoyed by a rejuvenated service sector accompanying...

    • Purchasing Managers’ Index (PMI)
  245. Brighter manufacturing picture marred by supply delays and record price hikes

    01 April 2021 Chris Williamson

    Global manufacturing output growth accelerated in March to one of the fastest rates seen over the past decade

    • Purchasing Managers’ Index (PMI)
  246. Week Ahead Economic Preview: Week of 5 April 2021

    01 April 2021 Rajiv Biswas Lewis Cooper Ken Wattret Chris Williamson

    Service sector PMIs will dominate the week alongside some key updates to trade, industrial production and inflation

    • Purchasing Managers’ Index (PMI)
  247. Week Ahead Economic Preview: Week of 29 March 2021

    26 March 2021 Rajiv Biswas Ken Wattret Chris Williamson

    Payrolls and PMIs dominate the economic agenda for the week ahead, with the ECB's latest analysis and eurozone inflation also in focus

    • Purchasing Managers’ Index (PMI)
  248. US leads developed world expansion in March

    24 March 2021 Chris Williamson

    Early indicators of economic performance in March point to the US outperforming among the largest developed economies, though growth resumed...

    • Purchasing Managers’ Index (PMI)
  249. Eurozone economy returns to growth for first time in six months

    24 March 2021 Chris Williamson

    The eurozone economy beat expectations in March, showing a much better than anticipated expansion thanks mainly to a record surge in manufacturing...

    • Purchasing Managers’ Index (PMI)
  250. UK Flash PMI signals strong end to first quarter for economy

    24 March 2021 Chris Williamson

    The UK economy rebounded from two months of decline in March, according to the latest flash PMI data from S&P Global and CIPS

    • Purchasing Managers’ Index (PMI)
  251. China drives considerable rise in global trade at start of the year

    22 March 2021 Paul Smith, Ph.D. Eliot Kerr

    According to our latest Global Trade Index, global trade was estimated to be 14.9% higher than a year ago in January

    • Purchasing Managers’ Index (PMI)
  252. Week Ahead Economic Preview: Week of 22 March 2021

    19 March 2021 Rajiv Biswas Lewis Cooper Ken Wattret Chris Williamson

    A jam-packed economic calendar for the week ahead sees the release of flash PMI data for the Eurozone, UK and US, as well as Japan and Australia...

    • Purchasing Managers’ Index (PMI)
  253. Manufacturing growth continues, whilst vaccine rollout fuels optimism

    16 March 2021 Shreeya Patel

    The Philippines manufacturing PMI indicated that the rebound in operating conditions seen at the start of the year extended into February. The...

    • Purchasing Managers’ Index (PMI)
  254. Global growth accelerates as COVID-19 restrictions ease, but price pressures hit 12½ year high

    12 March 2021 Chris Williamson

    Global economic growth accelerated in February, according to the worldwide PMI surveys conducted by S&P Global, with growth falling just short...

    • Purchasing Managers’ Index (PMI)
  255. Week Ahead Economic Preview: Week of 15 March 2021

    12 March 2021 Rajiv Biswas Ken Wattret Chris Williamson

    The main events of the week ahead will be central bank policy meetings in the US, UK and Japan, which are accompanied by some key indicator releases...

    • Purchasing Managers’ Index (PMI)
  256. Ideas for PMI™ usage in active investment strategies

    08 March 2021 Paul Smith, Ph.D.

    In this short paper, we provide thoughts and ideas on how to glean signals from national sector PMI data with a view to utilising these in active...

    • Purchasing Managers’ Index (PMI)
  257. Global inflationary pressures at highest since 2008

    05 March 2021 Chris Williamson

    A key global gauge of companies’ input cost inflation rose to its highest level for over 12 years in February

    • Purchasing Managers’ Index (PMI)
  258. Week Ahead Economic Preview: Week of 8 March 2021

    05 March 2021 Rajiv Biswas Rahul Kapoor Ken Wattret Chris Williamson

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

    • Purchasing Managers’ Index (PMI)
  259. US leads global economic expansion in February

    03 March 2021 Chris Williamson

    Global economic growth accelerated in February, according to the worldwide PMI surveys conducted by S&P Global, led by the US. However, further...

    • Purchasing Managers’ Index (PMI)
  260. Global growth accelerates as COVID-19 restrictions ease

    03 March 2021 Chris Williamson

    Global economic growth accelerated in February, according to the worldwide PMI surveys conducted by S&P Global, with growth falling just short...

    • Purchasing Managers’ Index (PMI)
  261. Global factory output growth close to decade high despite export fall from China

    01 March 2021 Chris Williamson

    Global manufacturing output growth accelerated in February to reach one of the fastest rates of expansion seen over the past decade. The improvement...

    • Purchasing Managers’ Index (PMI)
  262. Week Ahead Economic Preview: Week of 1 March 2021

    26 February 2021 Rajiv Biswas Ken Wattret Chris Williamson

    The following is an extract from S&P Global's latest Week Ahead Economic Preview. For the full report, please click on the 'Download Full Report'...

    • Purchasing Managers’ Index (PMI)
  263. Flash PMI data show UK struggling amid wider trend of manufacturing expansion

    22 February 2021 Chris Williamson

    Preliminary survey data on manufacturing conditions in February showed strong manufacturing growth in the US, Australia and eurozone, plus an...

    • Purchasing Managers’ Index (PMI)
  264. The Asia-Pacific Manufacturing Outlook in 2021

    22 February 2021 Rajiv Biswas

    The Asia-Pacific manufacturing sector has shown a considerable upturn since the fourth quarter of 2020, with latest S&P Global manufacturing...

    • Purchasing Managers’ Index (PMI)
  265. Week Ahead Economic Preview: Week of 22 February 2021

    22 February 2021 Rajiv Biswas Ken Wattret Chris Williamson

    The week ahead sees fresh estimates of GDP in some major economies including the US, Germany and France, as well as some more up to date higher...

    • Purchasing Managers’ Index (PMI)
  266. Flash PMI surveys show lockdowns hitting services in Europe and Japan

    19 February 2021 Chris Williamson

    While some countries are benefitting from looser virus containment measures, other countries that have taken additional measures to control the...

    • Purchasing Managers’ Index (PMI)
  267. UK service sector downturn eases in February but manufacturing woes deepen

    19 February 2021 Chris Williamson

    The UK economy showed signs of steadying in February

    • Purchasing Managers’ Index (PMI)
  268. Eurozone flash PMI hit by weaker services, masks manufacturing strength

    19 February 2021 Chris Williamson

    Ongoing COVID-19 lockdown measures dealt a further blow to the eurozone’s service sector in February, adding to the likelihood of GDP falling...

    • Purchasing Managers’ Index (PMI)
  269. Tracking the recovery in global trade

    18 February 2021 Eliot Kerr

    Given the integral role that trade plays in the global economy and the frequency of official trade data releases, export volume data have in...

    • Purchasing Managers’ Index (PMI)
  270. IHS Markit PMI and CIS data pairing provides key strategic insights

    17 February 2021 Sian Jones

    S&P Global is introducing a new product offering in the form of combined expertise from our PMI™ and CIS (Comparative Industry Service) teams...

    • Purchasing Managers’ Index (PMI)
  271. Softer start to 2021 for UK housing market

    16 February 2021 Paul Smith, Ph.D.

    January's Halifax House Price Index (HHPI) provided fresh evidence that the 2020 upturn in the housing market is running out of steam

    • Purchasing Managers’ Index (PMI)
  272. Commodity prices rise amid intensifying supply pressures in January

    15 February 2021 David Owen

    The latest Price & Supply Monitor - a monthly report designed to track global commodity price pressures and supply shortages - saw higher prices...

    • Purchasing Managers’ Index (PMI)
  273. Week Ahead Economic Preview: Week of 15 February 2021

    12 February 2021 Sian Jones Rajiv Biswas Paul Smith, Ph.D. Ken Wattret Chris Williamson

    The following is an extract from S&P Global's latest Week Ahead Economic Preview

    • Purchasing Managers’ Index (PMI)
  274. Week Ahead Economic Preview: Week of 8 February 2021

    05 February 2021 Sian Jones Rajiv Biswas Paul Smith, Ph.D. Ken Wattret Chris Williamson

    The following is an extract from S&P Global's latest Week Ahead Economic Preview. For the full report (including Special Reports) please click...

    • Purchasing Managers’ Index (PMI)
  275. Global growth slows in January amid new COVID-19 lockdowns and supply constraints

    05 February 2021 Chris Williamson

    The JPMorgan Global PMI™ (compiled by S&P Global) edged down for a third successive month in January

    • Purchasing Managers’ Index (PMI)
  276. Global factory growth stymied by stalling exports and supply constraints

    02 February 2021 Chris Williamson

    Global manufacturing remained encouragingly resilient in January despite rising coronavirus disease 2019 (COVID-19) infection rates and fresh...

    • Purchasing Managers’ Index (PMI)
  277. The Asia-Pacific Trade Outlook in 2021

    01 February 2021 Rajiv Biswas

    With world GDP forecast to rebound to positive growth of 4.4% y/y in 2021 after a contraction of 4.0% y/y in 2020, this is expected to provide...

    • Purchasing Managers’ Index (PMI)
  278. Week Ahead Economic Preview: Week of 1 February 2021

    29 January 2021 Sian Jones Rajiv Biswas Paul Smith, Ph.D. Ken Wattret Chris Williamson

    The following is an extract from S&P Global's latest Week Ahead Economic Preview. For the full report, please click on the 'Download Full Report'...

    • Purchasing Managers’ Index (PMI)
  279. UK economy faces double-dip recession as lockdown measures bite

    22 January 2021 Chris Williamson

    UK economy faces double-dip recession as lockdown measures bite

    • Indices
    • Economic Data
  280. January fall in Eurozone flash PMI adds to double-dip recession risk

    22 January 2021 Chris Williamson

    January fall in Eurozone flash PMI adds to double-dip recession risk

    • Financial Trading
  281. Week Ahead Economic Preview: Week of 25 January 2021

    22 January 2021 Sian Jones Rajiv Biswas Paul Smith, Ph.D. Ken Wattret Chris Williamson

    Week Ahead Economic Preview: Week of 25 January 2021

  282. UK manufacturers face sharpest rise in input prices for two-and-a-half years

    18 January 2021 David Owen

    The UK manufacturing sector saw an increase in price pressures at the end of 2020, coinciding with a marked tightening in local and global supply...

    • Indices
    • Economic Data
  283. Week Ahead Economic Preview: Week of 18 January 2021

    18 January 2021 Sian Jones Rajiv Biswas Paul Smith, Ph.D. Ken Wattret Chris Williamson

    The following is an extract from S&P Global's latest Week Ahead Economic Preview. For the full report, please click on the 'Download Full Report'...

    • Indices
    • Economic Data
  284. APAC Economic Outlook for 2021: a year of uncertainty

    08 January 2021 Rajiv Biswas

    The Asia-Pacific (APAC) region experienced a severe recession in 2020 due to the COVID-19 pandemic, but a strong economic recovery is expected...

    • Purchasing Managers’ Index (PMI)
  285. Global growth slows at end of 2020 as COVID-19 infections rise

    08 January 2021 Chris Williamson

    The JPMorgan Global PMI™ (compiled by S&P Global), edged down from 53.1 in November to 52.7 in December, its lowest since September

    • Purchasing Managers’ Index (PMI)
    • Coronavirus
  286. Week Ahead Economic Preview: Week of 11 January 2021

    07 January 2021 Sian Jones Rajiv Biswas Paul Smith, Ph.D. Ken Wattret Chris Williamson

    With COVID-19 infections rising sharply in many countries, the focus will be on the path of the virus and extent to which economies will have...

    • Purchasing Managers’ Index (PMI)
  287. Global growth slows further in December as COVID-19 infections rise

    06 January 2021 Chris Williamson

    The pace of global economic growth slowed for a second successive month in December as further waves of coronavirus disease 2019 (COVID-19) infections...

    • Purchasing Managers’ Index (PMI)
  288. Global factory growth ends 2020 close to decade-highs, but supply worsens

    04 January 2021 Chris Williamson

    Global factory output and order book inflows continued to rise at some of the fastest rates seen over the past decade in December, according...

    • Purchasing Managers’ Index (PMI)
  289. Flash PMI surveys show narrowing of US - European growth differentials

    17 December 2020

    S&P Global’s flash PMI data indicated a narrowing divergence of economic trends among the major developed economies in December, linked largely...

    • Purchasing Managers’ Index (PMI)
  290. UK economy edges back into growth in December as lockdown measures ease

    16 December 2020 Chris Williamson

    The UK economy returned to growth in December after the lockdown-driven downturn seen in November

    • Purchasing Managers’ Index (PMI)
    • Coronavirus
  291. Japan Flash PMI signals subdued end to 2020 as service sector woes persist

    16 December 2020 Chris Williamson

    The Japanese economy saw a subdued end to 2020, according to preliminary PMI data, with falling service sector activity once again causing output...

    • Purchasing Managers’ Index (PMI)
  292. Flash Australia PMI signals strong end to 2020 as lockdown measure ease

    16 December 2020 Chris Williamson

    Business activity surged higher in Australia during December as lockdown measures to contain the spread of COVID-19 were relaxed. Business expectations...

    • Purchasing Managers’ Index (PMI)
  293. COVID-19 related underperformance of cities hits the Americas, but not for long

    11 December 2020 Lewis Cooper Andrew Harker

    Major cities across the Americas suffered in particular during the coronavirus disease 2019 (COVID-19) pandemic earlier in the year, but those...

    • Purchasing Managers’ Index (PMI)
    • Coronavirus
  294. Global recovery slows in November, but optimism for the year ahead surges higher

    11 December 2020 Chris Williamson

    The global economic recovery hit a speed bump in November, as rising COVID-19 infections led to a renewed slowing of business activity

    • Purchasing Managers’ Index (PMI)
    • Coronavirus
  295. APAC electronics sector closes 2020 with strong rebound

    11 December 2020 Rajiv Biswas

    The Asia-Pacific electronics industry, which is a significant part of the manufacturing sector for many East Asian economies, has shown a strong...

    • Purchasing Managers’ Index (PMI)
  296. Global supply chains face heavy disruption amid freight slowdown and port gridlock

    11 December 2020 David Owen

    Global supply chains are facing resurfacing problems at the end of 2020

    • Purchasing Managers’ Index (PMI)
    • Coronavirus
  297. Week Ahead Economic Preview: Week of 14 December 2020

    10 December 2020 Sian Jones Rajiv Biswas Paul Smith, Ph.D. Ken Wattret Chris Williamson

    The coming week sees policy meetings at no fewer than ten central banks, including the FOMC, plus a wealth of data releases which will help steer...

    • Purchasing Managers’ Index (PMI)
  298. New sector data track pandemic's impact on Australian businesses

    09 December 2020 David Owen

    Previously unpublished sector data for Australia show output trends across six broad categories

    • Purchasing Managers’ Index (PMI)
    • Coronavirus
  299. Uncertainty drives further fall in permanent staff recruitment across the UK in November

    09 December 2020 Annabel Fiddes

    The latest KPMG and REC survey data, compiled by S&P Global, highlighted mixed hiring trends in November. A further drop in permanent placements...

    • Purchasing Managers’ Index (PMI)
    • Coronavirus
  300. UK PMI adds to signs of fourth quarter economic resilience amid second lockdown

    04 December 2020 Chris Williamson

    UK PMI data showed encouraging resilience amid renewed COVID-19 lockdown measures in November, suggesting the economy is set for a far smaller...

    • Purchasing Managers’ Index (PMI)

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