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HSBC PMI Data for Asian Countries for the month of December |
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Sunday, 08 January 2012 18:42 |
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Following is the summary of PMI data released for Asian Countries for the month of December.
| Country |
PMI |
DEC 2011 |
NOV 2011 |
REMARKS |
| SOUTH KOREA |
MANUFACTURING |
46.4 |
47.1 |
The Deterioration in manufacturing business conditions was seen as sharpest since February 2009 |
| Taiwan |
MANUFACTURING |
47.1 |
43.9 |
The rate of contraction remained weakest since June. |
| India |
MANUFACTURING |
54.2 |
51.0 |
New order growth strengthened to six month high in December, the composite PMI indicated strongest improvement since June |
| India |
SERVICES |
54.7 |
52.3 |
Private sector activity increased at strongest rate in five months. New business rose markedly supporting further growth of output, but inflationary pressures remain, delaying the easing hopes. |
| China |
MANUFACTURING |
48.7 |
47.7 |
Modest deterioration in Business conditions.Quarterly Index reading lowest since Q1 2009. |
| China |
COMPOSITE (MANUFACTURING & SERVICES) |
50.8 |
48.9 |
Modest activity growth in service sector. Jobs growth eases to 33 month low at composite level. China Composite PMI calls for more aggressive easing measures. |
| Japan |
MANUFACTURING |
50.2 |
49.1 |
Marginal Improvement in operating conditions signaled. Jobs growth reached nine month high.
*JMMA Japan Manufacturing PMI
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| Japan |
SERVICES |
50.4 |
49.5 |
PMI Signaled stabilization of Japanese private sector activity and renewed business optimism |
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