Browsing: PMI

Any PMI reading above 50 indicates growth in the non-oil sector, while readings below 50 signal contraction

Stabilising economic conditions, easing price pressures and improved demand prospects saw Egypt’s non-oil private companies report an uptick in sales volumes in June

The seasonally-adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index stood at 57.0 in April, the same as March, and well above the 50.0 mark denoting expansion in activity

MOSCOW, May 2. /TASS/. Global Russia Manufacturing PMI (business activity index for the Russian manufacturing industries) fell to 54.3 points in April from 55.7 points in March, according to a study by S&P Global.

The seasonally-adjusted PMI fell to 49.2 points in March from 51.7 in February, dropping below the 50-point mark that separates expansion from contraction

Doha: Qatar’s non-energy private sector recorded a stronger improvement in business conditions in February, according to the latest Purchasing Managers’ Index (PMI) survey data from Qatar Financial Centre (QFC) compiled by S&P Global. Output and employment both increased at faster rates, and new business growth was maintained. Companies were also able to make progress on volumes of outstanding work during the month, and the 12-month outlook improved. The Qatar PMI indices are compiled from survey responses from a panel of around 450 private sector companies. The panel covers the manufacturing, construction, wholesale, retail, and services sectors, and reflects the structure of the non-energy economy according to official national accounts data.

RIYADH: The UAE’s non-oil private sector expanded in February as it delivered the strongest output growth since June 2019, according to S&P Global’s purchasing managers’ index report.

New orders fell at the fastest rate since March 2023, with domestic sales faring poorly amid rising price pressures and supply-side challenges

RIYADH: Saudi Arabia’s non-oil economy exhibited improved growth, with business activity accelerating at the fastest rate in five months, as indicated by an economic tracker.  

Manufacturing activity across the 20 countries that use the euro has continued to decline, largely due to a slowdown in the area’s leading economy Germany, according to a study by S&P Global.