IMEF’s PMI surveys–Consolidation in services, with manufacturing inching higher

  • The manufacturing PMI rose to 50.5pts (0.5pts) in November, with an expansion in ‘new orders’ and ‘employment’

  • Non-manufacturing also climbed,up to 53.4pts (1.7pts). Mixed performance inside,with ‘new orders’ standing out (+2.1pts)

  • Results showed that a divergence persists across sectors, with industry at more risk, while services have strengthened

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