TOKYO—Japan’s manufacturing activity grew at the fastest pace in nearly eight years in January on stronger output and new orders, while cost pressures stayed elevated as firms continued to face supply chain delays. The supply chain disruptions forced businesses to build up safety stocks, with the survey showing holdings of raw materials increased at the…
Eurozone Factory Growth Accelerated in January as Bottlenecks Eased: PMI
LONDON—Eurozone manufacturing activity accelerated last month as supply chain bottlenecks eased, although the improvement was not evenly spread across member countries and factories still faced high inflationary pressures, a survey showed on Tuesday. IHS Markit’s final manufacturing Purchasing Managers’ Index (PMI) rose to a five-month high of 58.7 in January from December’s 58.0, below an…
Japan January Factory Growth Hits Four-Year High, but Services Contract-Flash PMI
TOKYO—Japan’s factory activity grew at the fastest pace in four years in January as output growth picked up, though pressure from a persistent chip shortage, rising input prices, and the coronavirus pandemic clouded the outlook. However, activity in the private sector as a whole slipped into contraction for the first time in four months as…
Eurozone Recovery Stumbled in January as Omicron Hit Services: PMI
LONDON—The eurozone economic recovery weakened this month, despite an upturn in Germany where factories benefited from an easing in supply chain bottlenecks, as renewed restrictions put a dent in the bloc’s dominant services industry, a survey showed. With the Omicron coronavirus variant sweeping across Europe, governments have been encouraging citizens to stay home and avoid…
Euro Zone Economic Recovery Stumbled in December as Omicron Spread: PMI
LONDON—The euro zone’s economic recovery stuttered in December as a renewed wave of COVID-19 infections curtailed growth in the bloc’s dominant service industry, a survey showed on Wednesday, and could weaken further if tighter restrictions are imposed. As the Omicron coronavirus variant spread rapidly at the end of last year governments reimposed measures to contain…
Japan’s Factory Activity Growth Softens in December: PMI
TOKYO— Japan’s manufacturing activity grew for an 11th straight month in December, but at a slower pace than in the prior month as output and new order growth softened while cost pressures stayed elevated. Businesses benefited from the weakening impact of the coronavirus pandemic as they shook off some of the drag of the health…
Euro Zone Factory Growth Stayed Strong in December as Supply Issues Eased: PMI
LONDON—Manufacturing activity in the euro zone remained resilient at the end of 2021 as factories took advantage of an easing in supply chain bottlenecks and stocked up on raw materials at a record pace, a survey showed. The global coronavirus pandemic had left factories struggling to get the materials they need and sent costs soaring,…
Euro Zone November Business Growth Acceleration May Be Temporary: PMI
December 3, 2021
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LONDON—Euro zone business activity accelerated last month but the bounce may be temporary as demand growth weakened and fears about the Omicron coronavirus variant put a dent in optimism, a survey showed on Friday. IHS Markit’s Flash Composite Purchasing Managers’ Index (PMI), a good gauge of overall economic health, jumped to 55.4 in November from…
China Factory Activity Rebounds in November, Slow Growth Pace Remains
November 30, 2021
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China’s factory activity picked up in November after two months of contraction, yet still the third lowest in about 20 months, despite the ease of mass power rationing and raw material price surges. China’s manufacturing purchasing managers’ index (PMI) for November was 50.1, up from 49.2 in October—the first time it exceeded the 50 mark…
Euro Zone November Growth Surprisingly Strong but Outlook Darkens: PMI
November 23, 2021
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LONDON—Euro zone business growth unexpectedly accelerated this month but another wave of coronavirus infections and new restrictions, alongside price pressures, are likely to put a dent in December’s expansion, a survey showed on Tuesday. IHS Markit’s Flash Composite Purchasing Managers’ Index, a good indicator of overall economic health, jumped to 55.8 in November from 54.2…
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