Markets

China Factory Activity Growth Accelerates On Output, Orders

China Factory Activity Growth Accelerates On Output, Orders

The manufacturing Purchasing Managers' Index, or PMI, climbed to 55.0 in December from 54.2 in November. "Higher new orders encouraged firms to increase employment sharply", said Gabriella Dickens, an economist at IHS Markit. Any reading above 50 indicates expansion in the sector.

Output prices also increased at a slower pace, but inflation has now been recorded in 15 successive months.

The New Export Orders Index picked up notably to 51.9 from 50.8 in November, "partially driven by the rush of holiday season orders", said CICC, adding that China's export demand may continue to benefit from a global synchronized recovery.

The figure pointed to a marked monthly improvement in the business sector and was the strongest reading since August, the Istanbul Chamber of Industry and IHS Markit said.

Costs of raw materials such as oil and steel rose while prices of materials from Chinese suppliers increased, leading to a sharp rise in input costs in December.

Читайте также: Thick Fog engulfs Delhi-NCR, many trains and flights cancelled

Moreover, as consumer spending recuperated, firms were restricted in their ability to pass on higher cost burdens to clients which further placed upward pressure on firms' margins.

"Challenges remain as the economy adjusts to recent shocks, but the overall upturn was robust compared to the trend observed for the survey history".

Looking forwards, the future output index strengthened in December, with more than six times as many companies expecting to see growth in 2018 as opposed to those who anticipate a decline.

Despite December's poor data, businesses retained positive forecasts for output over the next 12 months as manufacturers project improvement in underlying demand conditions according to anecdotal evidence.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2018 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог


  • Vikings win, likely end tenure of Bears' Fox

    Vikings win, likely end tenure of Bears' Fox

    Case Keenum threw for 189 yards, 65 going to Stefon Diggs and 61 to Adam Thielen, to go with a touchdown, caught by Diggs. Bears: Two starting offensive linemen, LT Bobby Massie and RG Josh Sitton, did not suit up.
    Islamic State Claims Responsibility for Helwan Church Attack

    Islamic State Claims Responsibility for Helwan Church Attack

    The Times notes another incident was reported on Friday involving a gun attack in Helwan at an appliance shop owned by a Copt. Local media cited the Interior Ministry as saying two policemen had been killed in the attack on the Mar Mina church .
    Williams rusty on return to the court

    Williams rusty on return to the court

    Ostapenko won the final point when Williams hit the net while trying to return her serve. "Motherhood is phenomenal. There is no precedent for a 36-year-old 23-time Grand Slam victor to return to tennis after having a baby.
  • Northwestern vs. Kentucky 2017 live stream

    Northwestern vs. Kentucky 2017 live stream

    It's also worth pointing out that Vanderbilt's Ralph Webb rushed for 70 yards on just nine carries during that stretch. Kentucky's starting quarterback Johnson appeared to be tackled out-of-bounds by Northwestern lineman Joe Gaziano.
    Padmavati row: Censor Board seeks 26 cuts, change in title to 'Padmavat'

    Padmavati row: Censor Board seeks 26 cuts, change in title to 'Padmavat'

    Besides Joshi, the meeting was also attended by regular examining committee members, along with other censor board officials. End of Controversy?Prasoon Joshi tells DNA that there are no cuts suggested.
    Weather: Less windy soon but still cold

    Weather: Less windy soon but still cold

    New Year's Day will be partly sunny with a high near 13. "The lower numbers will more likely be for more rural areas at night". With the temperatures headed below zero, local officials say it's important be prepared for any weather-related emergencies.
  • Iran: Death toll rises to 16 in protests across the country

    Iran: Death toll rises to 16 in protests across the country

    A police spokesman said on state television that a "rioter" shot at police with a hunting rifle in the city of Najaf Abad. In a statement, Boris Johnson, Britain's foreign secretary, said that the United Kingdom was watching events carefully.
    South Korea seeks Winter Olympics cooperation with North to ease military tension

    South Korea seeks Winter Olympics cooperation with North to ease military tension

    He said that both Koreas should seek to resolve problems among themselves rather than seek help from outside of the region. Ship-to-ship trade with North Korea at sea is prohibited under United Nations sanctions adopted September 11.
    Minimum wage raises coming to 18 states on New Year's Day

    Minimum wage raises coming to 18 states on New Year's Day

    However, the minimum wage increases only apply to restaurants that are part of a chain of 30 or more locations nationwide. However, Goodell said he does sympathize with the working poor and how hard it is to balance a budget on minimum wage.
  • A USA  customs computer snafu caused major airport delays

    A USA customs computer snafu caused major airport delays

    During the outage, "alternative procedures" were used to process worldwide passengers, according to the agency. Kennedy Airport and Dallas/Fort Worth International Airport also acknowledged there could be passenger delays.
    Reliance Jio leads 4G download speed chart: TRAI

    Reliance Jio leads 4G download speed chart: TRAI

    Recently, Rs 199 recharge plan with 28 days validity has been launched by Airtel as a counter to Jio Happy New Year Plan. Lastly, at Rs 999, users will get 50GB data per cycle along with a data roll-over worth 200GB data and 100 free SMSes.
    Here's what to do to avoid frozen pipes during extremely cold weather

    Here's what to do to avoid frozen pipes during extremely cold weather

    According to the American Red Cross you should keep you should keep your thermastat set to at least 55 degrees inside your home. The inside of cupboards can reach freezing temperatures in the extreme cold of winter, causing pipes and meters to freeze.