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PMI DECEMBER 2024
Gold falls on firm dollar, fading Fed rate-cut hopesGold prices dropped significantly on Monday. A stronger US dollar and reduced expectations of Federal Reserve interest rate cuts pressured ...- UK businesses register biggest upturn since April 2024, PMI showsUK businesses saw their fastest growth since April 2024 in January. However, inflation pressures and job losses are also rising. This mixed...
- China's factory activity edges back to growth in December, private PMI showsThe world's second-largest economy remains on track to meet its full-year growth target of "around 5%" for 2025, despite a trade war with t...
- China's factory activity shrinks again in November, services activity coolsThe manufacturing purchasing managers' index (PMI) rose to 49.2 in November from 49.0 in October, the National Bureau of Statistics' survey...
- Private sector activity hits a record in August, services growth at all-time highIndia's private sector experienced a significant surge in activity this month, with the Composite PMI reaching a new high of 65.2, driven b...
- India's GST collections surge in January 2025: gross up 12.3%, net rises 10.9%: NCAER reportGST collections showed strong growth in January 2025, with a 12.3% increase in gross and 10.9% in net collections. Manufacturing PMI rose t...
- Growth in India services sector slows to more than 2-year low in Jan, PMI showsIndia's services sector growth slowed to a two-year low in January due to decreasing demand yet remained strong overall, leading to signifi...
- US manufacturing rebounds in January; inputs prices paid measure surgesUS manufacturing experienced growth for the first time in over two years in January, driven by strong orders and tax cut hopes. However, ta...
- Private sector activity slows to 14-mth low in JanuaryIndia's private sector business activity sharply contracted in January, hitting a 14-month low of 57.9. This slowdown is attributed to weak...
- India's manufacturing, services sector in focus amid budget buzzUnion Budget 2025: India's manufacturing and services sectors continue to grow strongly, reflected in the latest December PMI figures. Desp...
- Services activity hits four-month highIndia's services sector activity reached a four-month high in December due to robust demand. New orders continued to rise for the 41st cons...
- India's services sector ended 2024 on a strong footing, PMI showsIndia's services sector ends 2024 positively, driven by sustained demand, robust hiring, and eased inflationary pressures. HSBC's final Ind...
- China services activity hits 7-month high but US trade fears dent optimism, Caixin PMI showsChina's services sector grew at the fastest pace in seven months in December, supported by increased domestic demand. However, foreign orde...
- India's Dec factory activity growth hits 2024 low, PMI showsIndia's manufacturing activity in December 2024 slowed to its weakest pace of the year, despite easing cost pressures and strong jobs growt...
- Asia's factories end 2024 on weak footing as Trump 2.0 risks mountU.S. President-elect Trump has pledged to impose big tariffs on imports from three major trading partners - Mexico, Canada and China - whic...
- 2024 ends on positive note as business activity hits 4-mth highIndia's business activity reached a four-month high in December, driven by increased output in both goods and services sectors. The composi...
- India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI showsIndia's private sector growth surged to a four-month high in December, fueled by robust demand in services and manufacturing, and record jo...
- India's manufacturing PMI hits four-month high in January on robust demandThe HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, rose to 56.5 in January from December's 18-month low...
- Rate cut expectations to keep gold investment appeal intactGold prices gained +13% for the year ending 2023 after two years of lull returns- fuelled by the rising geo-political tensions during the y...
- China's December factory activity shrinks more than expected, bodes ill for recoveryThe official purchasing managers' index (PMI) fell to 49.0 in December from 49.4 the previous month, according to the National Bureau of St...
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