PMIData

Surprising Recovery in French Business Activity Boosted by Strong Factory Output

10 days ago

Recently released data indicates that the French economy has rebounded to a greater extent than analysts had initially predicted, spurred largely by robust performance in the manufacturing sector. This upturn comes at a pivotal time as businesses navigate the complexities of a post-pandemic recovery.

India's Economic Growth Surges in February: Flash PMIs Reveal Positive Trends

1 month ago

In a significant indication of resilience, India’s economic activity has shown notable expansion in February, as revealed by the latest flash Purchasing Managers' Index (PMI) data. Analysts and economists have closely monitored these metrics, which are crucial for assessing the health of the manufacturing and services sectors, providing a timely snapshot of economic performance amid a challenging global backdrop.

One in Four UK Firms Forced to Lay Off Workers Following Tax Hikes: New PMI Data Reveals

3 months ago

In a startling revelation from the latest Purchasing Managers' Index (PMI) data, one in four firms in the United Kingdom has been compelled to initiate job cuts as a direct consequence of tax increases imposed by Chancellor of the Exchequer, Rachel Reeves. The findings come amidst growing concerns regarding the economic climate and its impact on business operations across various sectors.

UK Businesses Brace for Tough Times as Job Cuts Rise Following Tax Hikes

4 months ago

In a troubling indicator of economic sentiment, the latest Purchasing Managers' Index (PMI) data shows a significant downturn in the UK’s business landscape, leading many firms to make drastic changes, including slashing jobs. This development comes in the wake of Chancellor Jeremy Hunt's controversial tax increase aimed at stabilizing the country’s finances amidst ongoing economic challenges.

U.S. Business Activity Sees Notable Expansion, Spurring Confidence Across Economies

4 months ago

In a positive turn of events for the U.S. economy, recent data indicates that business activity has expanded at its most substantial rate since 2022. This development suggests a growing confidence among firms moving into the end of the year, as they respond to strong consumer demand and increased investment opportunities.

UK Housebuilding Recovery Hits a Wall Ahead of Budget Announcement, PMI Data Shows

5 months ago

The UK housing sector is experiencing a significant slowdown, with new data indicating that the anticipated recovery in housebuilding has stalled just as the government prepares for its upcoming budget announcement. According to the latest Purchasing Managers' Index (PMI) data, which gauges the health of the construction sector, there are growing concerns that the construction industry is struggling to regain its momentum.