Iran’s overall economy PMI plunges to a 23-month low
Iran’s PMI score stood at 37.49. PMI score of 50 and above indicates economic expansion, below 50 indicates at economic contraction....
Tag : PMI
Euro area is heading to a good zone
PMI went up in September against expectations of analysts of a decline...
UK construction grows in April, concerns remain
Growth is at slowest pace for six months, though beats analysts predicting a lower figure, reports Team IFM London, May 7: UK construction companies continued to record strong output rises during April for the 12th straight month but at their slowest pace since October, with all three broad categories of activity registering robust growth, independent...
Importance of PMI Index
The Purchasing Manager Index is a key parameter to gauge the business and economic conditions in any economy. 25th August 2013 European shares picked up steam after a period of calm activity on strong data forecasts from Europe and China. The Markit Eurozone PMI Composite Output Index showed the largest monthly increase in business activity...