HSBC/Markit Manufacturing PMI (Apr.)

The final release of the HSBC/Markit manufacturing PMI today turned up some surprises, with new orders much stronger than on the flash estimate and employment far weaker. The headline PMI rose, but the gaping disparity with the alternative official index remains wide. Our suspicion is that today’s more downbeat figure is the more accurate.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.