Economic Activity Improved For 14 Of 19 Sectors In Asia (Nov 2016)

07 Dec 2016

The Nikkei Purchasing Managers’ Index (PMI) measures economic activity (such as output, new orders, prices) and consequently employment growth/contraction.

A number above 50 points towards an economic expansion and below 50 points toward a contraction.

Here is a summary of the PMI numbers for countries in Asia, during November 2016. Numbers in brackets are for the previous month.

  • Singapore: 52.8 (50.5)
  • Hong Kong: 49.5 (48.2)
  • Japan: Services 51.8 (50.5), Manufacturing 51.3 (51.4)
  • India: Services 46.7 (54.5) , Manufacturing 52.3 (54.4)
  • Philippines: 56.3 (56.5)
  • Malaysia: 47.1 (47.2)
  • Indonesia: 49.7 (48.7)
  • Thailand: 48.2 (48.8)
  • Vietnam: 54.0 (51.7)

The PMI increased for 14 of the 19 sectors in Asia. Below are some of the sectors which showed the strongest growth and contraction.

  • General industrials: 57.0
  • Industrial services: 56.3
  • Commercial & professional services: 56.1
  • Real estate: 48.9
  • Healthcare services: 48.5
  • Insurance: 46.6

  About The Author  

Michelle has years of experience as a multi-lingual lecturer/trainer and has worked with clients such as Marina Bay Sands, Resorts World Sentosa, Comfort Transportation and Nanyang Technological University. She has attained an impressive array of academic qualifications, including a Master of Science in Industrial Psychology and Management, Bachelor of Arts in Linguistics, Professional Diploma for Teachers and Trainers, Associate Degree in Japanese Linguistics & Culture, and a Diploma in Mass Communication.

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