PMI

8/2/18 9:30 pm EDT

The Japanese service sector began the third quarter with another monthly rise in output, supported by continued growth in new business. In line with upbeat output forecasts, firms increased workforce numbers at the quickest pace in four months.

On the price front, input costs increased at the fastest pace in six months, encouraging businesses to raise output charges to the greatest extent in over four years.

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8/1/18 11:29 am EDT

Canadian manufacturers recorded robust rises in output, new orders and employment during July, thereby signalling another marked improvement in overall business conditions across the sector. However, the latest survey also signalled a steep and accelerated rise in prices charged by manufacturing firms, which was widely linked to the impact of U.S. trade tariffs on steel and aluminium. At the same time, strong demand for raw materials and more...

8/1/18 11:00 am EDT

U.S. manufacturing firms signalled a strong improvement in operating conditions in July, despite the headline PMI falling to a five-month low. Weaker rises in output and employment were seen in July, while export sales fell for the second month in a row. Meanwhile, companies reported the greatest deterioration in vendor performance since the series began and a faster rate of input cost inflation. That said, business confidence remained strongly more...

8/1/18 9:30 am EDT

Key findings:

  • UK Manufacturing PMI at three-month low of 54.0 in July
  • Weaker increases in both output and new orders    
  • Intermediate goods production falls for first time in two years

Data collected July 12-26

IHS Markit/CIPS UK Manufacturing PMI

Source: IHS Markit

Summary:

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8/1/18 9:20 am EDT

Key findings:

  • Final Eurozone Manufacturing PMI at 55.1 in July (Flash: 55.1, June Final: 54.9)
  • Growth of both output and new orders remain subdued compared to earlier in the year     
  • New export order growth at near-two year low amid concerns about tariffs and trade wars    

Data collected July 12-24

IHS Markit Eurozone Manufacturing PMI

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7/31/18 11:00 pm EDT

Summary

Operating conditions across China’s manufacturing sector improved at the slowest pace for eight months in July, with output and new business both expanding at softer rates. Notably, new export orders fell at the steepest pace for 25 months. A further reduction in staffing levels meanwhile contributed to a sustained increase in backlogs of work. On the price front, the rate of input cost inflation weakened since June, but remained elevated, while output charges rose only modestly.

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7/31/18 10:30 pm EDT

Japanese goods producers observed the slowest rate of improvement in the health of their sector since August last year, according to the latest PMI survey. New business growth eased to a mild pace, while output rose to the slowest extent in four months. Nonetheless, employment continued to grow at a relatively solid pace, despite reports of increased labour costs. At the same time, raw material prices reportedly increased sharply, contributing to the strongest rate of input cost inflation for more...