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PMI: Global erhvervstillid nu den laveste i to år

Morten W. Langer

lørdag 03. november 2018 kl. 14:01

Fra Markit – læs hele meddelelsen her

At 52.1 in October, down from 52.2 in September, the J.P.Morgan Global Manufacturing PMI™ – a composite index1 produced by J.P.Morgan and IHS Markit in association
with ISM and IFPSM – fell to its lowest level in almost two years, as rates of growth in output and new orders weakened.

Please note that, due to a later-than-usual release date, October readings from the Philippines PMI survey were not included in the global numbers. All three of the sub-sectors covered by the survey continued to expand in October. The bright spot was consumer goods, which saw its PMI rise to a four-month high. This contrasted with the trends in the intermediate and investment goods industries, which registered their lowest PMI readings since November 2016 and September 2016 respectively.

October saw developed nations (on average) outperform emerging markets. This was mainly due to the ongoing strength of the US, which saw its PMI rise to a five-month
high. The rate of expansion hit a four-month high in Japan, which (like the US) saw above global-average growth. Rates of increase slowed to the lowest since August 2016 in the
euro area and to its weakest during the current 27-month sequence of expansion in the UK.

At 50.1 in October, the China PMI remained close to the stagnation mark. Growth rates hit four- and two-month highs in India and Brazil respectively, while Russia expanded for the
first time since April. Among these larger emerging nations, only India registered a PMI reading above the world average.

 

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