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Top related persons:
Andrew Harker - 2 Satoshi Sugiyama - 1 Sam Holmes - 1 Harker - 1 Anant Chandak - 1 Kim Coghill - 1
Top related locs:
TOKYO China Japan BENGALURU Bank of India
Top related orgs:
P - 2 Thomson - 2 Jibun Bank Service - 1 P Global Intelligence - 1 PMI - 1 Employment - 1 Manufacturing - 1 P Global Market Intelligence - 1

Search resuls for: "Andrew Harker"


4 mentions found


☆ Japan service activity posts slowest growth this year - PMI
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +2 min
TOKYO, Nov 6 (Reuters) - Japan's services activity expanded at the slowest pace this year in October, a business survey showed on Monday, reinforcing concerns that the key sector propelling economic growth is continuing to soften. The final au Jibun Bank Service purchasing managers' index (PMI) fell to 51.6 in October from 53.8 in September, beset by weak demand. "While the PMI data continue to make positive reading for the Japanese service sector, the recent trends suggest that growth is on the wane," said Andrew Harker, economics director at S&P Global. Employment returned to growth, but retirements offset the overall pace of job creation, the survey found. The worsening conflict in the Middle East and slower growth in China cloud the outlook for Japan, among the largest economies in the world.
Persons: Andrew Harker, Satoshi Sugiyama, Sam Holmes Organizations: Jibun Bank Service, P Global Intelligence, PMI, P, Employment, Thomson Locations: TOKYO, China, Japan
☆ Indian factory growth eased for second month in July, but kept healthy pace
  + stars: | 2023-08-01 | by ( Anant Chandak | ) www.reuters.com   time to read: +2 min
BENGALURU, Aug 1 (Reuters) - Growth in India's manufacturing activity eased in July for a second month, with some moderation in output and new orders, although the pace of expansion remained healthy, a private business survey showed on Tuesday. The sector has remained resilient despite declines in manufacturing activity in other major producers, suggesting Asia's third-largest economy is still on robust footing. "The Indian manufacturing sector showed little sign of losing growth momentum in July as production lines continued to motor on the back of strong new order growth." New orders remained robust in July, and while output growth moderated to a three-month low it remained strong. With input prices rising at the quickest pace since October, output prices also rose, but at a slower pace compared with the previous month, highlighting uncertainty regarding inflation.
Persons: Andrew Harker, Harker, Anant Chandak, Kim Coghill Organizations: Manufacturing, P, P Global Market Intelligence, Bank of, Thomson Locations: BENGALURU, Bank of India
☆ Japan's factory activity shrinks at fastest pace in 2-1/2 years-PMI
  + stars: | 2023-02-21 | by ( ) www.reuters.com   time to read: +2 min
The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) fell to a seasonally adjusted 47.4 in February, from a final 48.9 in the previous month. Factory output and new orders decreased for an eighth straight month and at faster rates than January, the sub-index data showed. By contrast, service-sector activity grew for a six month with further relaxation of domestic COVID-19 countermeasures. The au Jibun Bank flash services PMI rose to an eight-month-high of 53.6 seasonally adjusted in February from the previous month's 52.3 final. Overall, the au Jibun Bank Flash Japan composite PMI was at 50.7 in February, in line with last month's final figure, as the gloomy manufacturing index was offset by a rosy service PMI.
☆ Turkish factory activity contracts in Dec but shows improvement -PMI
  + stars: | 2023-01-02 | by ( ) www.reuters.com   time to read: +2 min
ISTANBUL, Jan 2 (Reuters) - Turkish factory activity contracted for the 10th month running in December but showed some signs of improvement from previous months as output and new orders fell more slowly, a survey showed on Monday. The Purchasing Managers' Index (PMI) for manufacturing stood at 48.1 in December, up from 45.7 in November, the Istanbul Chamber of Industry and S&P Global said. While December's reading was the highest since June, it remained below the 50-point line that separates contractions from expansions in activity. "There were some tentative signs of improvement in the latest PMI survey, which if continued into the new year could see the Turkish manufacturing sector gaining some ground," said Andrew Harker, economics director at S&P Global Market Intelligence. Reporting by Ezgi Erkoyun; Writing by Ali Kucukgocmen; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
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