Global Manufacturing Displays Resilience to Europe’s Debt Crisis: Economy
posted by lyzeljordan 1 days ago under hypo venture capital, hypo venture capital zurich, global manufacturing displays resilience to europe
A manufacturing purchasing managers’ index for India released by HSBC Holdings Plc and Markit Economics today rose to the highest level in six months in December. In China, manufacturing rebounded last month from a contraction in November, while Australian factory production (AIGPMI) expanded for the first time since June, driven by gains in basic metals, transport and publishing.
Manufacturing in Singapore rose 6.5 percent from a year earlier in the fourth quarter, after climbing a revised 13.4 percent in the previous three months, the Trade Ministry said today. In Europe, a gauge of Swiss manufacturing rose to 50.7 in December from 44.8 in November when adjusted for seasonal swings, Credit Suisse Group AG in Zurich said in an e-mailed statement today. That’s the first reading above 50, which divides contraction from expansion, since August. A U.K. index (PMITMUK) rose to 49.6 from a revised 47.7 and a measure of new export orders increased for the first time in five months, led by demand from customers inGermany, Eastern Europe and China. » Global Manufacturing Displays Resilience to Europe’s Debt Crisis: Economy |
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