FOREX TradingCharts.com

Financial News: Brazil Manufacturing Growth Strongest In 3 Months

Brazil Manufacturing Growth Strongest In 3 Months

03/02/2020 - 09:32:00 (RTTNews)

(RTTNews) - Brazil's manufacturing sector expanded at the fastest pace in three months as both output and demand improved, survey data from IHS Markit showed on Monday.

The IHS Markit Brazil Manufacturing Purchasing Managers' Index rose to 52.3 in February from 51 in January. A reading above 50 suggests growth in the sector.

The PMI pointed to the strongest improvement in the health of the sector since last November, IHS Markit said.

Consumer and intermediate goods manufacturers logged faster expansions, while the capital goods makers recorded the steepest downturn for over three years.

Production and sales grew at the fastest rate in three month and job creation climbed to a five-month high.

On the cost front, input price inflation was the highest since October 2018 and output price inflation was the sharpest in one-and-a-half years.

Business confidence remained strong as manufacturers expect investment growth, greater client numbers and product diversification to boost output growth in the year ahead.

Companies reported low stock levels at suppliers and delays in the delivery of materials due to the COVID-19 outbreak.

The deterioration in vendor performance was among the sharpest in the 14-year survey history, while stocks of purchases decreased further, IHS Markit said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


China's Inflation Eases In March; PPI Falls For Second Month (01 hr(s), 22 min(s), 55 sec(s) ago)
(RTTNews) - China's consumer price inflation slowed more-than-expected to a five-month low in ...Full Story»

China Inflation Slows To 4.3% In March (03 min(s), 05 sec(s) ago)
(RTTNews) - Consumer prices in China were up just 4.3 percent on year in March, the National Burea ...Full Story»

Japan Overall Bank Lending Rises 2.0% In March (33 min(s), 05 sec(s) ago)
(RTTNews) - Overall bank lending in Japan was up 2.0 percent on year in March, the Bank of Japan s ...Full Story»

Japan Producer Prices Sink 0.9% In March (18 min(s), 05 sec(s) ago)
(RTTNews) - Producer prices in Japan were down 0.9 percent on month in March, the Bank of Japan sa ...Full Story»

China Inflation Data Due On Friday (18 min(s), 05 sec(s) ago)
(RTTNews) - China will on Friday release March figures for consumer and producer prices, highlight ...Full Story»

Powell Expects 'Robust' Economic Recovery When Coronavirus Is Contained (46 min(s), 05 sec(s) ago)
(RTTNews) - Despite the havoc being wreaked on the world by the coronavirus outbreak, Federal Rese ...Full Story»

NIESR Sees UK GDP Contraction Of 15-25% In Q2 On Covid-19 (44 min(s), 05 sec(s) ago)
(RTTNews) - The UK economy would be plunged into a severe recession in the second quarter if the l ...Full Story»

ECB Minutes: Members Saw Need For Bold, Decisive Action Against Covid-19 Shock (11 min(s), 05 sec(s) ago)
(RTTNews) - ECB policymakers agreed that there was need for decisive action to support the euro ar ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

China's Inflation Eases In March; PPI Falls For Second Month

04/10/2020 - 01:19 AM (RTTNews)
(RTTNews) - China's consumer price inflation slowed more-than-expected to a five-month low in ...Full Story>>

China Inflation Slows To 4.3% In March

04/09/2020 - 21:45 PM (RTTNews)
(RTTNews) - Consumer prices in China were up just 4.3 percent on year in March, the National Burea ...Full Story>>

Japan Overall Bank Lending Rises 2.0% In March

04/09/2020 - 20:15 PM (RTTNews)
(RTTNews) - Overall bank lending in Japan was up 2.0 percent on year in March, the Bank of Japan s ...Full Story>>

Japan Producer Prices Sink 0.9% In March

04/09/2020 - 20:00 PM (RTTNews)
(RTTNews) - Producer prices in Japan were down 0.9 percent on month in March, the Bank of Japan sa ...Full Story>>

China Inflation Data Due On Friday

04/09/2020 - 18:00 PM (RTTNews)
(RTTNews) - China will on Friday release March figures for consumer and producer prices, highlight ...Full Story>>
Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.