Thailand’s manufacturing activity expanded for the first time in eight months in December, driven by rises in new orders and output. PMI reading above 50 indicates economic expansion, while one below 50 points toward contraction.
The Nikkei Markit India Manufacturing Purchasing Managers’ Index (PMI) — which measures manufacturing sector activity — fell to 49.6, down from 52.3 in November. The index slipped below the crucial 50 threshold — which separates contraction from expansion — for the first time since December 2015
The UK manufacturing PMI has hit the highest level since June 2014, rising to 56.1 – better than expected.
The China Caixin manufacturing Purchasing Managers’ Index (PMI) climbed in December, marking its fastest rate of improvement in three years, figures released Tuesday showed.