CEIC Blog

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

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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.
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Romania: Economy Grows Above Expectations

16th November 2017
Romania recorded its highest annual real GDP growth since the global recession of 2007-08, reaching 8.6% in Q3 2017. Even though the country has been consistently among the overachievers in the EU in terms of economic growth in the past years, this development has surprised experts which were projecting figures close to the Q2 performance (5.9%).
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The European Union's unemployment rate - September 2017

15th November 2017
The European Union's unemployment rate in September was 7.5%, the lowest figure recorded in the EU28 since November 2008. According to Eurostat, the EU28 unemployment rate was stable compared to the previous month and down from 8.4% in September 2016. Some of the largest economies in the EU, however, still experience high levels of unemployment.
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China’s Single’s Day

14th November 2017
China’s Single’s Day once more broke records this year with astounding figures to highlight the biggest retail day of the year in Asia.