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BBCNEWS Business Today June 4, 2024 00:39:00

If we go if what we saw last week, which was the official pmi data, we saw the manufacturing sector go back and a contraction after two months of showing expansion. and if you look under the hood of that topโ€”line figure, there was weakness across the board. so we had the new orders subcomponent drop back below 50 โ€” that shows contraction in the sector. new export orders as well showing contraction โ€” and thats a real concern for china because its put so many eggs in this manufacturing baske...
Pmi Data Manufacturing Sector Go China S Manufacturing Basket Export Orders Shows Contraction

BBCNEWS Business Today June 4, 2024 23:39:00

On that going forward. we are expecting some pmi data out in the next few hours. what are your expectations then? if we go if what we saw last week, which was the official pmi data, we saw the manufacturing sector go back and a contraction after two months of showing expansion. and if you look under the hood of that top line figure, there was weakness across the board. so we had the new orders subcomponent dropping below 50 โ€” that shows contraction in the sector. new export orders as well show...
Pmi Data Manufacturing Sector Go Shows Contraction Manufacturing Basket Export Orders China S

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PMI: Manufacturing activity climbs to five-month high of 56.9 in February

In February, manufacturing activity in India reached a five-month high due to increased new export orders and sustained domestic demand. The HSBC India Manufacturing Purchasing Managers Index rose to 56.9, with new export orders hitting a 21-month high. External demand was driven by countries like Australia, Bangladesh, Brazil, Canada, China, Europe, Indonesia, the US, and the UAE.
Manufacturing Purchasing Manager Index India Manufacturing Ines Lam Manufacturing Activity Export Orders

Manufacturing activity rises to four month high of 56.5 in January

HSBC India Manufacturing Purchasing Managers Index rose to a four-month high of 56.5 in January, recovering from the previous months 18-month low of 54.9. The rise in production was driven by robust domestic demand, with current output expanding and domestic orders growing faster than export orders.
Manufacturing Purchasing Manager Index Ines Lam Middle East Reserve Bank Manufacturing Activity Domestic Demand

China's factory activity expands on export order boost

The positive outturn, however, contrasted with an official survey on the previous day showing manufacturing activity contracted again last month due to persistently weak demand. "Quicker logistics, increased procurement, and rising inventories reflected improved business confidence," said Wang Zhe, senior economist at Caixin Insight Group. However, he noted that employment remained in contraction, price levels were subdued and "deflationary pressures persisted."
Hong Kong Shri Navaratnam Ellen Zhang Caixin Insight Group China Evergrande Group Wang Zhe
Source: yahoo.com

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