Home » Money

Polish PMI unchanged in March

04 April, 2018, 02:09 | Author: Shawna Walton
  • Strong Canadian manufacturing growth maintained in March

New orders index fell to 55.4 from 57.8 last month, and that's the lowest reading for new orders since January 2017. The Backlog of Orders Index continued a 14-month expansion with its highest reading since May 2004, when it registered 63%.

At 4.00 am ET, final Eurozone manufacturing PMI is due.

Manufacturing in the United States has seen its strongest growth in three years, despite political and trade tensions that might seem to indicate otherwise.

Output growth picked up, although this was offset by slower increases in both new orders and employment, data showed. The latest reports show the nation's overall economic health was stronger in the final quarter of previous year than earlier indications.

"India's manufacturing sector continued to grow, albeit at the weakest pace since October, reflecting weaker gains in new business and a decline in employment for the first time in eight months", said Aashna Dodhia, Economist at IHS Markit and author of the report.

The prices index was the only metric to increase in March, reaching 78.1% after landing at 74.2% in February.

Manufacturing conditions improved for the eighth consecutive in March, but at the weakest pace since October. Economists had expected the index to fall to 54.5 as a result of the disruption caused by the freezing temperatures. Anecdotal evidence suggested that greater sales to domestic and export clients had underpinned the latest upturn in new business intakes. Higher operating expenses also led to a rise in factory gate charges.

Rob Dobson, director at IHS Markit, said: "The latest PMI survey provided further evidence that United Kingdom manufacturing has entered a softer growth phase so far this year".

USA factories reported a strong end to the first quarter, with the PMI advancing to a three-year high.

"The main concern at present is overstretched supply chains, as highlighted by another steep lengthening of delivery times for raw materials and semi-manufactured inputs", Buhagiar said. And even while exports and imports are growing, prices are still increasing at a faster rate.

The composite indicator of manufacturing performance increased to 51 in March 2018 from 52.1 reported for February. The rate of contraction accelerated since February but remained modest. Sentiment among euro area manufacturers regarding future output softened in March to a 15- month low but remained strongly positive overall.

Recommended:

  • Countdown to China's space station's fiery return to Earth

    Countdown to China's space station's fiery return to Earth

    Mr McDowell has also pointed out that if part of the space station lands in your garden "it's not yours, it's still China's". The predictions for when Chinese space station Tiangong-1 will come crashing back to Earth are becoming more and more exact.
    China Imposes US Food Tariffs, Leaving Farmers Worried About Trade War

    China Imposes US Food Tariffs, Leaving Farmers Worried About Trade War

    Weibo prominently featured the list of USA goods that China is targeting among the day's "hot" trending topics. Listed China 50 index stood at 3,083.48, marking a 0.24-percent decrease for the year-to-date returns.
    Buhari orders police to open all Lagos roads during visit

    Buhari orders police to open all Lagos roads during visit

    Mr Bamigbetan urged residents to adhere to the security guidance earlier announced to make the visit peaceful and orderly. He said the president would also inspect the ongoing construction works at the Eko Atlantic City , Victoria Island .
  • Kim Jong Un watches South Korean pop stars perform in Pyongyang

    Kim Jong Un watches South Korean pop stars perform in Pyongyang

    North Korean leader Kim Jong-un has agreed to hold summits with South Korean President Moon Jae-in and US President Donald Trump. Seohyun, a 26-year-old star from K-pop group Girl's Generation, will act as a master of ceremony for the events in Pyongyang.
    Turkey won't negotiate with terrorists in Syria - presidential spokesperson

    Turkey won't negotiate with terrorists in Syria - presidential spokesperson

    Such speculation was fueled by President Donald Trump somewhat surprisingly declaring on Thursday that American forces will be "coming out of Syria like very soon".
    $521M Mega Millions ticket sold in New Jersey - was it yours?

    $521M Mega Millions ticket sold in New Jersey - was it yours?

    With over half a billion dollars up for grabs, the Mega Millions lottery drew its latest numbers for its jackpot on Friday. No one has matched the numbers for the Mega Millions game since January , letting the jackpot climb to $521 million.
  • EPA expected to roll back gas-mileage standards

    EPA expected to roll back gas-mileage standards

    Hart said he had no contact with Pruitt for many months, other than a brief exchange at the National Prayer Breakfast in February. That trip is the subject of an investigation by the EPA's inspector general, based on requests from Senate Democrats.
    Russia Shuts American Consulate, Ousts 60 US Diplomats

    Russia Shuts American Consulate, Ousts 60 US Diplomats

    In general, the numbers announced for each nation are identical to the number of Russians they expelled earlier in the week. It also announced the closure of the U.S. consulate in St Petersburg.
    Immigrants react to proposed citizenship question

    Immigrants react to proposed citizenship question

    This question has not been tested in a modern census environment, nor is there time to test the question before the 2020 census. Therein lies the problem with the Trump administration's plan to inquire about citizenship status during the 2020 census.
  • Download Fortnite For iOS: Available To Everyone Without Invite Code

    Download Fortnite For iOS: Available To Everyone Without Invite Code

    You will need to have at least an iPhone 6S/SE, or alternatively an iPad Mini 4, iPad Pro, iPad Air 2 or iPad 2017 device. Everyone is invited, so long as the dance is original and fits "the playful personality of Fortnite ".
    Indore building collapse: 7 dead, 2 injured

    Indore building collapse: 7 dead, 2 injured

    Kamle said the hotel building, having around 15 rooms, was almost 60 years old and in a dilapidated condition from inside. Lok Sabha Speaker Sumitra Mahajan and Chief Minister Shivraj Singh Chouhan have condoled the deaths in the incident.
    Logo for Pakistan-West Indies T20 series unveiled

    Logo for Pakistan-West Indies T20 series unveiled

    The last time global cricket was played at Karachi's National Stadium was in 2009, a Test match between Pakistan and Sri Lanka. No major teams have toured there since the Sri Lanka team was attacked by terrorists in 2009 in Lahore.


Popular

Child abuse prevention at forefront of Child Haven event
Each pinwheel represented a child who has been abused and served by Child Haven and/or the Solano Courage Center in 2017. Mead noted that April is Child Abuse Prevention Month, and said prevention can change a child's life.

Falcon 9 rocket lifts off on SpaceX's 14th station cargo mission
After the spacecraft has been captured, NASA TV will resume live coverage of its installation in the Harmony module at 8:30 a.m. The rocket for this mission launched supplies to the International Space Station Aug. 14 and will not be recovered this time.

Henrik, Daniel Sedin To Retire After 17 Seasons With Canucks: 'It's Time'
As for the Canucks' future prospects, the Sedins emphasized that the team would be in great hands moving forward into the future. They were never able to bring a championship to the West Coast, but led Vancouver to within one game of winning the Cup in 2011.

OnePlus 6 release secrets spun in pink dust
But the fact that OnePlus is already talking about the handset, whose name is yet to be confirmed , is quite telling. This device's display was tipped to roll with a Qualcomm Snapdragon 845 processor and an Adreno 630 GPU.

Trump invited Putin to meet in Washington
Tensions also continue with the U.S. investigation into alleged meddling by Russian Federation in the 2016 presidential election. As we reported earlier, Donald Trump first met with Russia's President on July 7 a year ago , within the G20 summit in Hamburg.

Shah Rukh Khan's fanboy moment with Christopher Nolan. See pic
You are considered to be a traditionalist who continues to support film as an art form, while your movies are quite futuristic. And of us, who work in this profession and see different formats every day, most of the people I talk to fully understand it.

Swansea City: Carvalhal 'optimistic' after Man Utd loss
Liverpool were unable to hold onto second place as United moved two points ahead of them at Old Trafford. The Spaniard saved United again with two brilliant stops in quick succession from Swansea sub Abraham.

Tiger Shroff's 'Baaghi 2' emerges the biggest opener of 2018
Owning to the Good Friday release, Baaghi has garnered vast love and appreciation from followed by a strong word of mouth. Hence, viewers were eagerly waiting for a big entertainer like Baaghi 2 , and the first-day collection reflects the same.

Saturday Night Takeaway: Dec presents show without Ant McPartlin
Tonight saw the show still go on, albeit with a lonely Declan Donnelly , which broke the hearts of many Ant and Dec fans at home. A forthcoming TV show featuring Ant and Dec is reported to have been put on hold as it features the duo drinking alcohol.

Windows bends for Azure, Terry Myerson says soodbye to Microsoft
With Myerson's departure, Panos Panay will step up to the title of chief product officer. The direction Microsoft is taking is apparently clear for a while.