20 days ago • Posted by Martin Boujol
Global manufacturing PMIs are on the rise
PMI is short for "Purchasing Manager Index", which is a prime indicator in the manufacturing sector. It tells us about market conditions from the view of purchasing managers: if they are expanding, contracting or staying at the same level. After a strong fall in April, we can see more and more green spamming towards December and January, which is good news for the industry.
Source: Refinitiv Datastream