Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Global PMI close to 3.5 year high in January, drives upturns in hiring and prices – IHS Markit

The global PMI surveys for the month of January showed that the global economic growth rate accelerated to the most rapid since 2014, as rising numbers of emerging markets have begun to join the developed world-led recovery. The global PMI came in at near three-and-a-half year high in January 2018. Markedly, Chinese businesses recorded the best growth for seven years. Since early-2011, there have only been five months in which all major developed and emerging market composite PMI output indices have been above the neutral 50.0 mark, noted IHS Markit.

Moreover, the surveys have also shown an overall deepening of inflationary pressures. Recent months have seen the most considerably period of sustained selling price inflation since the global financial crisis.

If the upturn in growth wasn’t enough to cast a hawkish hue over the PMI releases, the surveys also indicated an overall intensification of inflationary pressures. Recent months have in fact seen the most significant period of sustained selling price inflation since the global financial crisis.

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 >

May 25 16:00 UTC Released

USCattle Marketed

Actual

106 %

Forecast

106 %

Previous

96 %

May 25 16:00 UTC Released

USCattle On Feed

Actual

105 %

Forecast

104.9 %

Previous

107 %

January 31 00:00 UTC 165968165968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 165968165968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 177788177788m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 165968165968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 177788177788m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 165968165968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 165968165968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 165968165968m

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.