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IHS Markit Global Sector PMI™

IHS Markit



 
IHS Markit Global Sector PMI™
May 2019
 
     
  Global transportation activity stalls in April  
 
Abstract

Key findings:

  • Global Transportation Business Activity Index at 34-month low of 50.2
  • Chemicals production rises but metals & mining output declines further
  • Slowest decline in autos output in five months


Global Sector PMI indices are compiled from responses to questionnaires sent to purchasing managers in IHS Markit's
global PMI survey panels, covering over 27,000 private sector companies in more than 40 countries.

Indices are available for the basic materials, consumer goods, consumer services, financials, healthcare, industrials, technology and telecommunication services industry groups, and sub-sectors of these groups.

Global transportation activity stagnated in April, with the Business Activity Index for the sector at a 34-month low of 50.2. This sector forms part of the wider industrials group, where output rose at the slowest rate in the current
32-month growth sequence.

Elsewhere, chemicals output rose at a stronger rate, lifting overall basic materials output higher for the first time in seven months despite a further drop in metals & mining. The third constituent materials sector – forestry & paper products – registered broadly no change in output, ending a five-month downturn.

The global automobiles & auto parts sector remained in contraction in April. Output fell for the seventh month running, albeit at the weakest rate since last November. New orders fell at the sharpest rate since the series began in late-2009, however.

Other financials recorded the strongest growth of all sectors in April, followed by software & services. The rates of expansion were the fastest in ten and 12 months
respectively.

 

 

 

 
     
     Month Index Source Link  
  May 2019 Markit Global Sector PMI ™ IHS Markit  
             

 

The Global Sector PMI data provide corporate planners and decision makers, economic analysts, policy makers and investors with a powerful and unique database with which to monitor business cycles by industry. Sector trends over time can be tracked as well as relative performance between sectors, allowing identification of key growth industries and the drivers within them. The dataset provides monthly indicators of business trends across variables such as output, order books, prices, inventories and employment for eight major groups including: basic materials, consumer goods, consumer services, financials, healthcare, industrials, technology and telecommunication services; and a further 26 sectors and subsectors of those groups.
(source: IHS Markit Global Sector PMI™ Index)


 






 
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Last update 5 May 2019
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