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Are we there yet? The European Central Bank has been waiting for signs that the eurozone has reached ‘escape velocity’, whereby growth is strong enough to be self-sustaining without the...
Growth was reported in the majority of Asian sectors in May, according to the Nikkei Asia Sector PMI. Encouragingly, many of the best performers were sectors that hint at rising capital investment,...
The following is an extract from IHS Markit's monthly economic overview. For the full report, please click the link at the bottom of the article.PMI indicates robust global growth in Q2 The global...
Survey evidence points to rising business investment and expansion in the UK, suggesting that companies may be shrugging off uncertainty caused by Brexit.Signs of rising investment The UK economy got...
Growth in the Spanish economy remained strong mid-way through the second quarter of the year, with IHS Markit PMI data suggesting that GDP could rise at a faster pace than in Q1.Higher workloads are...
Sectors in Ireland most exposed to Brexit have seen a swift rebound in output growth in the first half of 2017 after being hit hard in the immediate aftermath of the UK’s vote to leave the...
Survey data for May show Japan’s private sector economy enjoying the strongest expansion in over three years, fuelling expectations that economic growth will gain momentum in the second...
The final PMI readings add to mounting evidence that the eurozone is enjoying a strong second quarter, and possibly a better than previously anticipated 2017. The latest reading of 56.8, unchanged in...
The Singaporean economy started the year on a firm footing, with recent official data confirming the robust survey evidence. However, there’s a strong chance that growth will lose a little...
The UK PMI surveys indicate that the economy is likely to regain some momentum in the second quarter after a sluggish start to 2017. However, a slowing in May poses some downside risks to the...
The Chinese economy gained a little momentum in May, but the upturn was insufficient to quell widespread expectations of softer GDP growth in the second quarter. IHS Markit expects China’s...
Manufacturers in the Czech Republic have signalled a strong start to 2017. The Czech Republic Manufacturing PMI has indicated a marked growth rate since January, with official data adding to the...
Worldwide manufacturing activity continued to rise at a solid pace in May, according to global PMI data, but the regional breakdown of the surveys underscored the recent dominance of European...
The focus next week is the UK general election, where the outcome will have important ramifications for Brexit negotiations. Alongside political events comes a worldwide release of May services PMI...
The Philippines manufacturing economy showed further signs of shifting up a gear in the second quarter. Output grew at its faster rate so far this year during May, according to the Nikkei PMI....
Worldwide releases of manufacturing PMI surveys will provide important signals as to global growth and inflation trends in the middle of the second quarter growth, thereby giving an early indication...
The economy got off to an even worse start to the year than previously thought, according to fresh official data. There’s a strong likelihood that growth will pick up in the second quarter, but...