January 2018 US Markit manufacturing PMI final 1 February 2018

  • Flash 55.5. Dec 55.1
  • Output 56.2 v s 56.2 flash. Dec 55.9
  • New orders 56.8 vs 56.7. Dec 55.9

New orders at the highest since this time last year and the PMI itself at the highest since March 2015 (which it was when the flash read came out 😉  )

Notes;

  • Output and new orders expand at quickest rates for a year
  • Purchasing activity rises at steepest pace since September 2014
  • Input price inflation eases but remains sharp

And that all important inflation;

The latest rise in input costs largely stemmed from greater raw material prices and higher transport costs. Although the rate of inflation was marked, it dipped slightly to a three-month low. Conversely, output charge inflation accelerated ti the second highest since September 2014

 

 

Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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