BMI: Slight contraction in July
The seasonally adjusted July value of the Purchasing Manager Index (BMI): 45.7.
Compared with the previous July values, this year’s value is lower than the long-term average for this month (52.3) and also below the average of the values for this month of the previous three years (52.6).
The sub-indices examined in the survey changed in a mixed way, mostly the values indicate a narrowing.
The rate of changes exceeded seven percentage points in only one case.
The value of the employment index is 2.4 percentage points higher this month, thus indicating an upswing again. In the past period, the index hovered around 50.0 points, which rose again this month and shows expansion (51.6).
Related news
Companies are recruiting more cautiously now than they planned at the beginning of the year
The average number of applicants remains particularly high in the…
Read more >The GKI business climate index decreased slightly in July
According to a survey by GKI Economic Research Ltd. –…
Read more >At a suffocating pace: the corporate world is still shrinking, but the decline is slowing
The number of domestic companies continues to decline, but the…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >