CEIC Blog

Curated news and insights covering emerging and developed markets directly from CEIC's analysts worldwide.  

Article

South Africa Purchasing Managers' Index (PMI)

21st November 2017
South Africa has registered its best Purchasing Managers' Index (PMI) performance in five months. The seasonally adjusted PMI rose with 2,9 percentage points, from 44,9 in September to 47,8 in October 2017. This development was helped mostly by an increase of the new sales orders (6,7 % points), while inventories and employment remained weak. Nevertheless, PMI remained below the 50-mark threshold that separates economic expansion from contraction.
Article

China’s Industrial Inflation above Expectations

17th October 2017
China's industrial inflation rose 6.9% y-o-y in September, far exceeding market consensus. Demand recovery, coupled with tighter control on industrial supply to curb environmental pollution led to faster industrial inflation. While consumer inflation was up 1.6% y-o-y, it was 0.2% slower than the previous reading but was still on par with financial street forecasts. Weaker food prices were believed to be a major laggard of consumer inflation.