export orders

Manufacturing PMI surges to 56.9 in February

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Manufacturing Pmi Surges To 569 In February.jpg

Boosted by higher production and better sales, the manufacturing sector recovered in February as the Purchasing Managers’ Index (PMI) surged to 56.9. The month saw production rise at the fastest pace in five months, fuelling the quickest increase in sales since last September, and the strongest expansion in new export orders for 21 months. However, the … Read more

Flash composite PMI rises to 7-month high in February at 61.5

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Flash Composite Pmi Rises To 7 Month High In February At.jpg

With better performance in both manufacturing and services, the HSBC Composite Purchasing Managers’ Index (PMI) rose to a seven-month high of 61.5 in February, up from 61.2 in January. However, there is not-so-good news on the job front. “New export orders rose sharply, particularly for goods producers. Input prices rose at the slowest pace in … Read more