Purchasing Managers Index (PMI)
PMI is an important index that reveals the health of the economy.
PMI index releases on a monthly basis by special institutions, showing how healthy/unhealthy the economy is in a certain country.
PMI reading is over 50- economic expansion
PMI reading equals 50- economic stagnation
PMI reading is below 50-economic contraction
Countries' PMI index in March:
1. Russia 55.8 (S&P Global)
2. China 50.8 (PMI released by the National Bureau of Statistics (NBS))
3. USA 51.9 (S&P Global)