Published on 12 Sep 2025
After softening for three quarters in a row, the Composite flash Purchasing Managers’ Index (PMI) rose at a faster pace in February.
The Composite Flash Purchasing Managers' Index (PMI) is an early estimate of overall economic activity in a country measured later as PMI, covering both manufacturing and services sectors.
PMI data are compiled by S&P Global for more than 40 economies worldwide.
It is based on surveys of purchasing managers (people who buy the supplies for businesses) in companies and helps gauge economic trends like growth or contraction.
PMI focuses on month-over-month changes and thus is a diffusion index without a base year.
Above 50 → Expansion in business activity.
Below 50 → Contraction in business activity.
Exactly 50 → No change.
Composite Flash Purchasing Managers’ Index
Purchasing Managers
PMI
manufacturing sector
services sector
S&P Global
economic growth
Business activity