Coyuntura internacional

PMI de la Eurozona cae fuertemente en abril

             Eurozone sees stronger rate of decline at start of second quarter

  Global economic growth slipped in March, according to PMI surveys, but the first quarter still saw the strongest expansion for a year. US, UK and Japanese upturns in Q1 contrasted with signs of recession in the Eurozone and growth hitting a three-year low in China.

The upturn is also feeding through to the labour market, with March seeing the strongest worldwide payroll growth for a year, though job gains have been largely focused in the US.

Despite higher oil prices, global price pressures remained far weaker than a year ago due to weak demand, boding well for inflation.

A free chart-based PowerPoint overview of Markit's latest economic indicators is available for download.

The Markit Eurozone PMI® Composite Output Index fell to a five-month low in April, according to the preliminary 'flash' reading which is based on around 85% of usual monthly replies. The index fell for the third month in a row to 47.4, down from 49.1 in March, to signal a faster rate of decline of private sector economic activity. Output has fallen seven times in the past eight months.
Markit (Flash) Eurozone PMI and GDP
 

Output fell at the fastest rates for five months in both manufacturing and services, with the former seeing the steeper rate of decline.
By country, growth slowed to only a very modest pace in Germany, showing the weakest expansion in the current five-month sequence as weak service sector growth was offset by a sharp decline in manufacturing output. France meanwhile saw output fall for the second month in a row, with the rate of decline accelerating to the fastest since October
 

 

 

24/04/2012

La econom?a mundial crece m?s r?pido en el I trimestre

 Global economy grows at fastest pace for a year in first quarter

13 April 2012

Global economic growth slipped in March, according to PMI surveys, but the first quarter still saw the strongest expansion for a year. US, UK and Japanese upturns in Q1 contrasted with signs of recession in the Eurozone and growth hitting a three-year low in China.

The upturn is also feeding through to the labour market, with March seeing the strongest worldwide payroll growth for a year, though job gains have been largely focused in the US.

Despite higher oil prices, global price pressures remained far weaker than a year ago due to weak demand, boding well for inflation.
 

Sources: Markit, JP Morgan, HSBC, ISM, EcoWin.

A free chart-based PowerPoint overview of Markit's latest economic indicators is available for download.

 


 

17/04/2012

Indicadores adelantados de la OCDE (abril)

                   

OECD composite leading indicators point to potential turning point in economic activity in the Euro area and regained momentum in other major economies

Download the entire news release (PDF 115 KB)

 10/04/2012 - Composite leading indicators (CLIs) designed to anticipate turning points in economic activity relative to trend, continue to point to a positive change in momentum in the OECD as a whole but with some divergence between major economies.

The CLIs for Japan and the United States continue to show strong signs of regained momentum in economic activity. The CLI for the Euro area indicates a potential turning point but with diverging assessments for the four major European economies. The CLIs for Italy and France point to continued sluggish economic activity. In Germany and the United Kingdom the CLIs continue to show signs of a positive change in momentum but these are weaker than in last month's assessment.

The assessment for Brazil, India, Russia and, in particular China, shows stronger positive signals compared to last month's assessment.

Regained momentum in the OECD area

Click to access underlying data

Link to underlying data - Source: OECD Composite Leading Indicators Database

     
12/04/2012

Indice PMI de la zona euro (marzo)

Flash del índice PMI® de la Zona Euro de Markit
La zona euro vuelve a caer en recesión mientras que la actividad total desciende a un ritmo más intenso en marzo
12/04/2012

El PIB de la OCDE se contrajo hasta el -0,1 en el IV 2011

13/03/2012

Sigue la mejor?a del Indice PMI de la econom?a mundial de febrero

Markit Monthly Economic Overview: Global economic recovery finds its legs, but risk of wobble remains  
           
The global economy climbed another rung on the growth ladder in February, according to the latest PMI survey findings. Worldwide output across the combined manufacturing and service sector increased at the fastest rate for a year, supported by a welcome acceleration in new business growth
13/03/2012

Previsiones de la Comisi?n Europea

28/02/2012

Indicadores adelantados OCDE 13 febrero

       OECD area composite leading indicator shows signs of a positive change in momentum  
    

 

Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to a positive change in momentum for the OECD as a whole, driven primarily by the United States and Japan, but similar signs are beginning to emerge in a number of other developed economies. The CLIs for India and Russia also show signs of an upward change in growth momentum.

The CLIs for all other major OECD economies, the

Euro area and Brazil continue to point to below trend growth. But tentative signs are emerging that the recent deterioration in CLIs is moderating, and the CLIs for seven of the fifteen countries in the Euro area are now pointing towards a positive change in momentum. However, the CLI for China points more strongly to a slowdown this month than in last month’s assessment.

28/02/2012

Crecimiento de los ?ndices PMI en enero

Monthly Economic Overview February 2012

El crecimiento global alcanza el nivel más alto en 11 meses de acuerdo con los índices PMI, con subidas genearlizadas en casi todos los países

08/02/2012

Empeoran las condiciones del cr?dito

 BCE Euro area bank lending survey           

According to the January 2012 bank lending survey (BLS), the net tightening of credit standards by euroarea banks surged in the fourth quarter of 2011 for credit standards on both loans to non-financialcorporations (35% in net terms, up from 16% in the preceding quarter) and loans to households forhouse purchase (29%, up from 18% in the preceding quarter), and to a lesser extent on consumer credit(13%, up from 10% in the preceding quarter).

13/03/2012