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Global economic growth stumbled in May, according to PMI data, suggesting the weak start to the year has persisted into the second quarter. While emerging markets continue to languish, the developed...
The Asian manufacturing downturn persisted into its fifteenth consecutive month in May, with the rate of decline accelerating slightly to the fastest since February. Markit’s manufacturing PMI...
Manufacturing operating conditions in China deteriorated at the fastest rate for three months in May, reflecting a renewed fall in new orders, declining output, destocking and ongoing job losses....
In a busy week for economic data watchers, worldwide PMI results will provide more information on the health of the global economy midway through the second quarter. Meanwhile, non-farm payroll...
Updated official data confirm that the pace of UK economic growth slowed in the opening quarter of the year; a trend which survey data maintained into the spring.The economy grew 0.4% in the first...
UK house prices fell 0.8% in April, according to the Halifax House Price Index. The fall followed a 2.2% surge in March, and still leaves home prices some 9.2% higher than a year ago. That’s...
Hopes of US economic growth rebounding in the second quarter were dealt a blow by weak flash PMI data from Markit. A slowdown in the pace of growth signaled by the May surveys suggests the US economy...
A disappointing flash eurozone PMI for May adds further to the suggestion that the robust pace of economic growth seen in the first quarter will prove temporary.The Markit Flash Eurozone PMI –...
PMI data point to Japan’s all-important manufacturing economy suffering its steepest downturn since late 2012. The Nikkei Flash Japan Manufacturing PMI fell from 48.2 in April to 47.6 in May,...
Disappointing flash manufacturing PMI data cast doubt on the ability of the US economy to rebound from its weak start to the year. The seasonally adjusted Markit Flash US Manufacturing PMI™ sank...
Flash PMI results will provide analysts with the first available information on global economic trends in a week that also sees the release of revised first quarter GDP numbers in the UK and the US....
Nigerian inflation accelerated to the fastest in almost six years during April, according to CPI figures released yesterday by the National Bureau of Statistics. Consumer prices rose 13.7% on an...
The Bank of England left policy unchanged at its May meeting, as widely expected. No serious discussions on any change in policy are anticipated at least until after the June 23rd referendum, given...
It was a better than expected start to the year for the German economy, as its GDP growth rate more than doubled in the opening quarter of 2016.However, it is likely that growth will slow in the...
Hong Kong’s economy contracted in the first quarter of 2016, and weak PMI survey data point to a heightened risk of a further decline in the second quarter, which would mean the economy has...
Hopes were raised for a second quarter rebound in the US economy as retail sales smashed expectations in April. Faster than expected sales growth and the prospect of an overall pick-up in the second...
Global economic growth ticked higher for a second successive month in April, according to the JPMorgan (NYSE:JPM) Global PMI™, compiled by Markit, but was still one of the weakest rates seen for...