A major boost in February meanwhile came from construction, with a 2.4% monthly surge in output accompanied by a jump in the construction PMI output index to 54.6.

Source: https://seekingalpha.com/article/4594052-uk-gdp-flatlines-in-february-but-private-sector-activity-revives-albeit-with-uncertain-outlook?source=feed_all_articles

Any figure below 50 points signifies a contraction, but the final June manufacturing PMI number was a bit better than the preliminary figure of 45.5 points.

Source: https://www.shorenewsnetwork.com/2023/07/03/french-manufacturings-june-contraction/

Any PMI reading above 50 indicates expansion, while levels below that represent contraction.

Source: https://krdo.com/money/cnn-business-consumer/2023/03/31/chinas-services-activity-jumps-to-decade-high-as-economic-recovery-gets-back-on-track/

A Purchasing Managers' Index (PMI) covering the euro zone as a whole showed manufacturing activity contracted in July at the fastest pace since COVID was cementing its grip on the world as demand slumped despite factories cutting their prices sharply.

Source: https://gazette.com/news/us-world/asias-factory-activity-shrinks-as-chinas-slump-global-slowdown-weigh/article_60474980-dc85-52b4-ad89-ece555e2d5bc.html

As I’ve said many times before, we believe the global PMI to be a forward-looking economic indicator.

Source: https://www.etftrends.com/lithium-and-gold-were-the-only-positively-performing-commodities-in-h1/

As such, PMI data later could be a factor impacting the risk mood and growth/central bank outlook so that is something to be mindful of before the weekend.

Source: https://www.forexlive.com/news/usdjpy-holds-a-little-lower-after-failure-to-get-above-13500-this-week-20230421/

British business recorded an unexpected bounce in activity this month as well as receding price pressures, according to the latest 'flash' S&P PMI survey that suggested the economy may be sidestepping the risk of recession.

Source: https://www.dailymail.co.uk/money/markets/article-11774771/BUSINESS-LIVE-HSBC-profits-soar-92-Miners-profits-slip-costs.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Despite facing a third consecutive monthly decline, the HCOB PMI for the sector still registers noteworthy growth, reaching a July value of 51.5.

Source: https://www.forexlive.com/news/italy-july-services-pmi-515-vs-522-expected-20230803/

European stocks edge higher ahead of key PMI data, ECB minutesinvesting.

Source: https://biztoc.com/x/0aa31f6430c75b21?ref=ff

For example, the S&P Global Flash US Composite PMI survey is consistent with "GDP contracting in the fourth quarter at an annualised rate of around 1.5%".

Source: https://seekingalpha.com/article/4571356-rth-consecutive-weak-retail-sales-point-downside?source=feed_all_articles

Germany’s Hamburg Commercial Bank (HCOB) Flash Manufacturing PMI dropped from 44.7 in March to 44 in April, the lowest level since June 2020, the US-based financial services company S&P Global said.

Source: https://thefrontierpost.com/german-manufacturing-pmi-drops/

In his address, Srinivasan noted PMI Kerala has always been pioneers and path-breakers in initiatives to advance the project management profession through community building, professional development, and advocacy.

Source: https://www.thehindubusinessline.com/news/pmi-chapter-of-kerala-kicks-off-20th-anniversary-celebrations/article66528069.ece

In September the composite PMI returned to growth territory, after dipping shortly below the 50.0 threshold.

Source: https://www.forexlive.com/news/spain-september-services-pmi-505-vs-498-expected-20231004/

Inventory levels remain quite high and according to the PMI survey, orders in both manufacturing and services have softened further to levels not seen since the pandemic.

Source: https://seekingalpha.com/article/4639299-labour-market-conundrum-keeps-eurozone-economy-just-about-afloat?source=feed_all_articles

Investors had expected an uptick, but instead the manufacturing index fell for the second month, to 48.8, remaining in the contraction area below 50. The non-manufacturing PMI remained in expansion territory at 54.2 but also slowed more than expected.

Source: https://seekingalpha.com/article/4610682-the-hesitant-china-reopening-and-asian-stock-markets?source=feed_all_articles

ISM Manufacturing PMI and this is generally a market moving report.

Source: https://www.forexlive.com/technical-analysis/usdchf-technical-analysis-20230301/

It will be a busy week filled with economic releases, with most of the attention falling on the first look at the May PMI readings, a second look at Q1 GDP/Core PCE, New Home Sales, and the FOMC meeting minutes.

Source: https://www.marketpulse.com/news-events/central-banks/week-ahead-debt-ceiling-drama-turkish-rate-decision-pre-presidential-run-off/cerlam

Japan’s final au Jibun Bank PMI stood at 49.2 in March, up from February’s 47.7 but remaining below the 50-threshold, as new orders contracted for a ninth-consecutive month.

Source: https://business.inquirer.net/394552/global-factory-activity-weakens-as-demand-falters

Journalists note that thanks to what happened, PMI managed not to miss its own sector of the market, and such a fall is normal for such periods.

Source: https://www.weeklyblitz.net/news/decreased-supply-of-cigarettes-to-russia-may-indicate-a-decrease-in-their-consumption/?utm_source=rss&utm_medium=rss&utm_campaign=decreased-supply-of-cigarettes-to-russia-may-indicate-a-decrease-in-their-consumption

JP Morgan Global Manufacturing PMI is currently at 49.6.

Source: https://www.thehindubusinessline.com/portfolio/big-story/base-metal-prices-2023-bearish-market-outlook/article66975248.ece