Global manufacturing grew but still at subdued pace, growth has picked up in Europe as a whole but dropped most in Asia.
Reading above 50, indicates growth and below shows contraction.
- South Korea – PMI came at 49.2. New orders dropped at sharpest rate in 18 months.
- Japan – PMI came at 50.3, weakest reading in 10 months. Output growth slowest since October 2014. International sales volume is up.
- China – HSBC PMI slowed to 49.6. Total new orders decline first time since December 2014.
- Vietnam – PMI fell to 50.7 from prior 51.7. Manufacturing is growing 19 months at a stretch. New orders and output both rose.
- Indonesia – PMI came at 46.4, down from prior 47.5. Output growth and new orders fell at sharpest pace in at least four years.
- Ireland – PMI registered slight drop to 56.8 from prior 57.5. Employment increased at fastest pace.
- Russia – PMI slipped to 48.1 from prior 49.7. Output, new orders, employment all registered drop.
- Turkey – PMI dropped to 48 from 49.6. Manufacturing slowdown is gathering pace. Output fell at fastest pace.
- Poland – Headline PMI dropped to 54.8 from 55.1. Output and order growth still strong, however weaker currency gave rise to higher input costs. Cost rise is fastest in 17 months.
- Netherlands – PMI rose to 52.5 from 52.2. Export sales rose faster but overall production and new orders at slower pace.
- Spain – PMI rose to 54.4 from 54.2. Strongest rise in employment since 2007
- Czech Republic – PMI rose to 56.1 from 55.6. Manufacturing growth rate at six month high.
- Italy – PMI registered 53.3, compared to prior 51.9. PMI rose to 11 month high.
- France – PMI rose to 48.8 from 47.6. Production continue to fall for consecutive 10 months.
- Germany – PMI rose to 52.8 from prior 51.1. Output, production, employment all accelerating pace.
- Greece – PMI improve to 48.9 from 48.4. Factory production fell for straight three months.
- Austria – PMI registered 47.7. Headline fell to four month low.
- Euro zone – PMI registered 52.2 from 51. Faster growth leading to higher job creation.
- UK – Manufacturing rose to 54.4 from 54.1. PMI grew to eight month high.
- Brazil – PMI plummeted to 46.2 from 49.6. PMI slipped to 42 month low.
- Canada – PMI moved to 48.9 from 48.7. Manufacturing growth up from record low.
- US – US manufacturing rose to 55.7 from 55.1. Export sales showing weakness over stronger dollar.
- Mexico – PMI is down to 53.8 from 54.4. Output and new business orders continue to grow, however weaker peso leading to higher cost
- Global – PMI fell to 51.8 from 51.9. Output, new orders and exports are expanding and employment is improving. However both input and output prices continuing fall.
The material has been provided by InstaForex Company – www.instaforex.com