KXIP vs KKR Live Score

The rate of job creation reached a ten-month high and was strong overall.

Finally, business confidence remained strongly optimistic in October, with manufacturing firms signalling the second- highest degree of confidence since May 2015.

It also showed that "production level, new orders, supplier delivery time and inventories grew at a faster rate; employment level grew at a slower rate in October 2018". That said, the rate of selling price inflation was mild in the context of historical survey data and much weaker than seen for costs.

For the first time since the middle of 2016, Taiwanese manufacturers expressed pessimism toward the 12-month business outlook, it said. October marks the second straight sequential decline, since the PMI hit its most recent high of 61.3 in August, which is the highest reading over the last 14 months.

But at least for the time being, the government will not fall back on its battle-tested practice of large-scale monetary and fiscal stimulus.

But overall new orders edged on domestic demand and production remained in positive territory. The survey indicates that factory output could be on course to drop 0.2% in the fourth quarter, Markit said.

Manufacturing accounts for about 10% of Britain's economic output.

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Firms continued to report stock shortages at vendors. Holdings of inputs increased markedly in October, with the pace of accumulation the quickest since the survey started in March 2011.

Hayes said the introduction of the SST had "fuelled a further month of sharp input cost inflation in Malaysia's manufacturing sector" at a time when global raw material prices were rising and the domestic currency was weakening.

The German bunds slumped during European session Thursday after investors have largely shrugged-off the lower-than-expected manufacturing PMI for the month of October, besides, the slight dip in Eurozone counterpart as well.

"China's economy has not seen any obvious improvement", said Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group, in a note accompanying the survey.

Manufacturers in the United Kingdom have not only stopped hiring, but have also grown "increasingly defensive", with companies looking to protect cash flow and implement wider cost-cutting measures, including a decrease in purchasing activity and lowing inventories, Dobson said. In a clear sign that inflationary pressures are continuing to build, strong customer demand meant firms were often able to push cost increases through to selling prices.

Others focussed more attention on rising global trade tensions and weaker demand from the world autos sector, Markit reported.

This is the lowest level since December 2014.


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