What is the purchasing managers' index (PMI)?
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What is the purchasing managers' index (PMI)?
Feb 27, 2019
South China Morning PostFinbarr Bermingham
The Kenya Purchasing Managers’ Index (PMI) deteriorated markedly in October. Output and new orders contracted across all sectors surveyed, with new orders falling the fastest in the construction, wholesale and retail sectors. Cost-of-living pressures and cashflow difficulties saw customer demand declining, while weaker output and lower workloads led to an increased rate of job cuts. Read the full report here: https://bit.ly/3sqrciK | Stanbic Bank Kenya
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The Kenya Purchasing Managers’ Index (PMI) deteriorated markedly …
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SINGAPORE’S Purchasing Managers’ Index (PMI) reading inched up 0.1 point in July to 49.8, posting a slower contraction than June’s 49.7 reading, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) showed on Wednesday (Aug 2). OCBC chief economist Selena Ling noted that July’s PMI readings aligned with the recent business expectations surveys, which showed slight improvements in both overall manufacturers’ and electronics firms’ outlooks. SIPMM said that a slower cont
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