IHS Markit Canada Manufacturing PMI™

Growth was led by the Netherlands, Austria and Germany, despite all three seeing their respective rates of expansion slow.

Although signalling the weakest improvement in operating conditions since last November, the PMI indicated a strong overall manufacturing performance. According to anecdotal evidence, relatively muted demand for inputs enabled firms to negotiate discounts on production materials. 

That said, the rate of increase eased since December and was modest overall.

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Purchasing Managers’ Index™ and PMI™ are either registered trade marks of Markit Economics Limited or licensed to Markit Economics Limited. Stanbic Bank use the above marks under licence.

Slower new business growth was the main factor weighing on the headline index in August. Nonetheless, the latest reading remained well above the long-run survey average Production volumes increased at a robust pace in August, with the rate of expansion the sharpest since December Manufacturers commented on increased workloads and successful efforts to boost operating capacity at their plants.

New order growth eased to a four-month low, despite a slightly stronger contribution from export sales. The latest rise in new work from abroad was the greatest since May, partly driven by rising demand from clients operating in the energy sector. However, there were also reports that U. Concerns about the outlook for export sales acted to dampen business confidence in August. Reflecting this, manufacturers indicated that their output growth expectations had slipped to a five-month low.

Despite reporting more subdued growth prospects for the year ahead, latest data indicated a robust and accelerated rise in payroll numbers across the manufacturing sector. Meanwhile, manufacturing firms continued to boost their stocks of inputs during August, which reflected pre-purchasing of metals ahead of trade tariffs, alongside efforts to mitigate against supply chain delays.

The overall increase in pre-production inventories was the sharpest recorded since the survey began in October The latest increase in overall cost burdens was the steepest for almost seven-and-a-half years. At the same time, the introduction of trade tariffs on steel and aluminum resulted in another strong increase in average prices charged by manufacturers in August. However, a slowdown in new business growth meant that the headline PMI dipped to a three-month low.

The rate of input price inflation was the steepest for almost seven-and-a-half years, which underpinned another strong increase in average prices charged by manufacturing companies.

Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change.

An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. New Orders - 0. Production volumes increased at a robust pace in August, with the rate of expansion the sharpest since December Manufacturers commented on increased workloads and successful efforts to boost operating capacity at their plants.

New order growth eased to a four-month low, despite a slightly stronger contribution from export sales. The latest rise in new work from abroad was the greatest since May, partly driven by rising demand from clients operating in the energy sector. However, there were also reports that U. Concerns about the outlook for export sales acted to dampen business confidence in August.

Reflecting this, manufacturers indicated that their output growth expectations had slipped to a five-month low. Despite reporting more subdued growth prospects for the year ahead, latest data indicated a robust and accelerated rise in payroll numbers across the manufacturing sector.

Meanwhile, manufacturing firms continued to boost their stocks of inputs during August, which reflected pre-purchasing of metals ahead of trade tariffs, alongside efforts to mitigate against supply chain delays. The overall increase in pre-production inventories was the sharpest recorded since the survey began in October The latest increase in overall cost burdens was the steepest for almost seven-and-a-half years.

At the same time, the introduction of trade tariffs on steel and aluminum resulted in another strong increase in average prices charged by manufacturers in August. However, a slowdown in new business growth meant that the headline PMI dipped to a three-month low.

The rate of input price inflation was the steepest for almost seven-and-a-half years, which underpinned another strong increase in average prices charged by manufacturing companies. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month.

Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. New Orders - 0. The indices are widely used by businesses, governments and economic analysts in financial institutions to help better understand business conditions and guide corporate and investment strategy.

 

World - Manufacturing PMI 

rows · Halifax House Price Index: 07 August Nikkei Asia Sector PMI: IHS Markit Russia Services PMI (Русский язык) 03 August

The Purchasing Managers’ Index ® (PMI ®) is based on monthly surveys of carefully selected companies representing major and developing economies worldwide. There are two parts to the monthly PMI releases: the headline PMI number, designed to provide a snapshot of the health of the economy, and the sub-indices, or component-level data. Markit PMI data are closely-watched market-moving economic indicators, covering more than 30 advanced and emerging economies worldwide. 

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Sep 06,  · The August US Services Purchasing Managers' Index conducted by Markit came in at percent, down from the final July estimate of The >pocketdice.ga consensus was for percent. The intellectual property rights to the IHS Markit Canada Manufacturing PMI™ provided herein are owned by or licensed to IHS Markit. Purchasing Managers' Index.

5 days ago · The seasonally adjusted IHS Markit final U.S. Manufacturing Purchasing Managers’ Index™ (PMI™) registered in August, down from in July. 5 days ago · The IHS Markit Canada Manufacturing PMI™ Report is based on data compiled from monthly replies to questionnaires sent to Purchasing Managers' Index.

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