Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Asian transportation activity sees record rise in February, shows latest Asia Sector PMI survey

The latest Asia Sector PMI data showed that transportation led Asian growth in February. Furthermore, the growth in output in the sector accelerated to the most rapid since the series started in September 2007. Second place in the output rankings was occupied by pharmaceuticals & biotechnology, where business activity rose at the sharpest rate for a year.

A solid performance was also recorded in the beverages & food sector, which rose from sixth to third place in the league table. Output growth in this segment accelerated to the most rapid since January 2017. In the meantime, strong growth in business activity was also recorded in Forestry & Paper Products, Insurance, Construction Materials and General Industrials.

Banks saw no change in activity in the month, after recording the most rapid growth in more than three years in January. The sector subsequently dropped from second to 14th in the growth rankings. Five out of the 19 detailed sectors covered experienced a contraction in business activity during February. The sharpest pace of decline was registered in real estate, while the remaining sectors generally saw modest falls.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 18 15:00 UTC Released

USExp Soybean Inspected

Actual

818.396 M

Forecast

Previous

644.327 M

June 18 15:00 UTC Released

USExport Wheat Inspected

Actual

372.843 M

Forecast

Previous

369.969 M

January 31 00:00 UTC 199990199990m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 199990199990m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 211810211810m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 199990199990m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 211810211810m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 199990199990m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 199990199990m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 199990199990m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.