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Manufacturing PMI dips to 5-month low on slower new order growth in September - Vimarsana News

Manufacturing PMI dips to 5-month low on slower new order growth in September

India's manufacturing activity slowed to the slowest in five months in September, with new orders growing at a slower pace, according to a private survey. The Purchasing Manager's Index (PMI) dropped to 57.5 in September, down from 58.6 in August, but remained in positive territory for the 27th consecutive month. Despite the slowdown, India's factory output grew at the highest rate among emerging markets in Asia. Employment rose due to increased production and new orders, while input costs eased. However, higher oil prices may increase input costs in the future. | Latest News India

Egypt's President Sisi to Run Again as Economic Crisis Deepens - Vimarsana News

Egypt's President Sisi to Run Again as Economic Crisis Deepens

(Bloomberg) -- Egyptian President Abdel-Fattah El-Sisi confirmed he’ll seek a another term in December elections he’s widely expected to win, as the nation reels from its worst economic crisis in years.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Key Taiwan Tech Firms Helping Huawei With China Chip PlantsJPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Comin

Source: yahoo.com
September growth in services sector slows to weakest since start of year - Vimarsana News

September growth in services sector slows to weakest since start of year

Firms remain ‘very optimistic’ about business over the next 12 months despite slowing

European Economic News Preview: Eurozone Final Factory PMI Data Due - Vimarsana News

European Economic News Preview: Eurozone Final Factory PMI Data Due

Factory Purchasing Managers' survey results and unemployment from the euro area are the top economic news due on Monday. At 2.00 am ET, UK Nationwide house price data is due.

Wall Street Point To Broadly Lower Open - Vimarsana News

Wall Street Point To Broadly Lower Open

On a weak day of economic announcements, the PMI Manufacturing Index and Construction Spending might be of interest to investors today. The ADP Employment report, Jobless Claims, Employment Situation reports and Consumer Credit might be getting attention this week.