🇬🇧 Recent UK employment data showing the fastest fall in job numbers in 4 years was highlighted by earlier evidence… https://t.co/jLH8TCQZ5T
Week Ahead APAC Economic Preview: Week of 28 January 2019
- Worldwide PMI surveys to provide early clues on manufacturing activity at start of 2019
- FOMC meeting
- Taiwan Q4 GDP
- Special focus on artificial intelligence
The worldwide release of PMI data next week will provide the first clues of manufacturing performance across the globe at the start of 2019, with a particular focus on China and the US. Global growth is widely expected to weaken this year amid rising political and economic risks, which could stall major central banks' plans to normalise monetary policy.
With key US data releases delayed by the government shutdown, hindering economic analysis, the survey data will come under ever-greater scrutiny, especially in a week in which the FOMC meets to set policy. In Asia, China's industrial profits and Japan's retail sales and consumer confidence data, alongside GDP figures from Taiwan, are published in the coming week.
Our special focus looks at Asia's artificial intelligence revolution.
Download the article for a full diary of key economic releases.
Contact for further APAC commentary: Rajiv Biswas or Bernard Aw
Contact for European and US PMI commentary: Chris Williamson
© 2019, IHS Markit Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.
Purchasing Managers' Index™ (PMI™) data are compiled by IHS Markit for more than 40 economies worldwide. The monthly data are derived from surveys of senior executives at private sector companies, and are available only via subscription. The PMI dataset features a headline number, which indicates the overall health of an economy, and sub-indices, which provide insights into other key economic drivers such as GDP, inflation, exports, capacity utilization, employment and inventories. The PMI data are used by financial and corporate professionals to better understand where economies and markets are headed, and to uncover opportunities.
- UK employment falls at fastest rate for four years as hiring trend cools
- Greece remains top of worldwide manufacturing PMI rankings, but reforms needed to boost investment
- Week Ahead Economic Preview: Week of 14 October 2019
- Global copper users output strengthens, but demand pressures remain weak
- Global growth at three-year low as weakness spills over to services
- UK economy to avoid recession, but weaker growth trend evident
- Caixin PMI shows Chinese business activity growth quicken to five-month high
- Deepening economic downturn in September for Hong Kong SAR fuels business gloom
Our latest Week Ahead Economic Preview includes US and Eurozone industrial production numbers, Brexit developments,… https://t.co/UjmHPEDChO