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Page 3 - Factory Activity

Chinese factory activity edges higher in Dec as supply disruptions ease

Chinese factory activity edged higher in December as supply disruptions eased and export demand weakened, a survey showed Friday. The monthly purchasing managers' index issued by the national statistics agency and an industry group gained to 50.3 from November's 50.1 on a 100-point scale on which numbers above 50 show activity accelerating. Chinese manufacturing has been hampered by shortages of some components including semiconductors and disruptions in shipping. Some areas ordered factories to shut down temporarily starting in September to meet official energy efficiency targets. A measure of new orders improved to 49.7 from November's 49.4, according to the China Federation of Logistics & Purchasing and the National Bureau of Statistics, though demand still was weak. An index of export orders sank to 48.1 from 48.5. The overall recovery of China's economy is clearer, economist Zhang Liqun said in a statement issued by the federation. However, he said, the country needs to ...

Chinese factory activity edges higher in Dec as supply disruptions ease
Updated On : 31 Dec 2021 | 11:37 AM IST

China Nov factory activity unexpectedly grows as supply snags ease

The official manufacturing PMI was at 50.1 in November, up from 49.2 in October

China Nov factory activity unexpectedly grows as supply snags ease
Updated On : 30 Nov 2021 | 9:55 AM IST

Demand for fuel and power grows but at a slower pace in September

Sale of gasoil, which accounts for about two-fifths of India's refined fuel demand, by state retailers rose 0.79 per cent in September, preliminary government data showed

Demand for fuel and power grows but at a slower pace in September
Updated On : 02 Oct 2021 | 12:54 AM IST

Manufacturing activity grows in September on strengthening demand: PMI

The IHS Markit PMI for manufacturing rose to 53.7 in September from 52.3 recorded in August, highlighting a stronger expansion in overall business conditions

Manufacturing activity grows in September on strengthening demand: PMI
Updated On : 02 Oct 2021 | 12:46 AM IST

Factory activity improves in Sept but firms shed headcount: PMI survey

The recovery might continue for at least a few months, supported by ultra-easy monetary policy and continued fiscal spending

Factory activity improves in Sept but firms shed headcount: PMI survey
Updated On : 01 Oct 2021 | 10:56 AM IST

China power cuts bite: Factory output shrinks after 18 months

Goldman slashes its Q3 growth forecast to 0%, from 1.3% earlier

China power cuts bite: Factory output shrinks after 18 months
Updated On : 30 Sep 2021 | 11:57 PM IST

Indian factory growth slipped in August, job cutting returned: Survey

Indian factory activity expanded at a slower pace last month as persistent pandemic-related weakness weighed on demand and output, forcing firms to cut jobs again, a private survey showed

Indian factory growth slipped in August, job cutting returned: Survey
Updated On : 01 Sep 2021 | 10:59 AM IST

China's factory activity expands at slower pace in August, services shrink

China's factory activity expanded at a slower pace in August, while the services sector slumped into contraction, as covid-related restrictions and high raw material prices pressure businesses

China's factory activity expands at slower pace in August, services shrink
Updated On : 31 Aug 2021 | 7:54 AM IST

India PMI manufacturing up at three-month high in July as lockdowns ease

Jumps to 3-month high after June contraction; marginal rise in jobs

India PMI manufacturing up at three-month high in July as lockdowns ease
Updated On : 03 Aug 2021 | 12:39 AM IST

China's factory activity in July grows at slowest pace since Feb 2020

Authorities are eager to prevent high factory-gate prices being passed on to consumers

China's factory activity in July grows at slowest pace since Feb 2020
Updated On : 31 Jul 2021 | 8:59 AM IST

India's factory activity shrinks in June for first time in 11 months

The Nikkei Manufacturing Purchasing Managers' Index compiled by IHS Markit, declined to an 11-month low of 48.1 in June from May's 50.8

India's factory activity shrinks in June for first time in 11 months
Updated On : 01 Jul 2021 | 10:50 AM IST

China's factory activity growth dips to four month low in June: PMI

Growth in China's factory activity dipped to a four-month low in June, weighed by higher raw material costs, global shortage of semiconductors and a resurgence of Covid cases in major export province

China's factory activity growth dips to four month low in June: PMI
Updated On : 30 Jun 2021 | 7:48 AM IST

Manufacturing PMI slips to 50.8 in May, marking steepest fall in 10 months

Job loss accelerated as Covid-19 'crisis intensifies' in sector, says private survey

Manufacturing PMI slips to 50.8 in May, marking steepest fall in 10 months
Updated On : 02 Jun 2021 | 1:28 AM IST

Factory activity racing across globe but supply squeeze dims outlook

European manufacturers ramped up activity at the fastest monthly pace in PMI survey history but a spike in COVID-19 infections in some countries continued to disrupt supply chains

Factory activity racing across globe but supply squeeze dims outlook
Updated On : 01 Jun 2021 | 4:55 PM IST

China's factory activity growth slows in April as supply bottlenecks weigh

The country's official manufacturing purchasing managers' index (PMI) fell to 51.1 in April from 51.9 in March

China's factory activity growth slows in April as supply bottlenecks weigh
Updated On : 30 Apr 2021 | 11:47 PM IST

India's factory activity slows to 7-month low amid surging Covid-19 cases

Despite foreign orders growing at a faster pace in March, a sub-index tracking overall demand declined to its lowest since August 2020. Output also grew at its weakest pace in seven months

India's factory activity slows to 7-month low amid surging Covid-19 cases
Updated On : 05 Apr 2021 | 12:04 PM IST

India Feb manufacturing sees new orders expand sharply: IHS Markit

The Covid-19 pandemic restricted international demand for Indian goods. In response to another robust increase in total new orders, production was raised again in February

India Feb manufacturing sees new orders expand sharply: IHS Markit
Updated On : 01 Mar 2021 | 11:51 AM IST

Tech demand drives Asia's factory revival, China's slowdown puts dampener

China's was the first major economy to lead the recovery from the COVID-19 shock, so any signs of prolonged cooling in Asia's engine of growth will likely be a cause for concern

Tech demand drives Asia's factory revival, China's slowdown puts dampener
Updated On : 01 Mar 2021 | 9:33 AM IST

Top headlines: India's budget hikes spending; Myanmar military takes power

Business Standard brings you top news of the evening

Top headlines: India's budget hikes spending; Myanmar military takes power
Updated On : 01 Feb 2021 | 8:01 PM IST

India's Jan factory activity at 3-mth high, manufacturing PMI rises to 57.7

The Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, rose to 57.7 in January from December's 56.4, above the 50-level separating growth from contraction for 6th straight month

India's Jan factory activity at 3-mth high, manufacturing PMI rises to 57.7
Updated On : 01 Feb 2021 | 10:44 AM IST