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Definition of 'Flash Manufacturing PMI'
An estimate of the Manufacturing Purchasing Managers' Index (PMI) for a country, based on about 85% of total PMI survey responses each month. It is intended to provide an accurate advance indication of the final PMI data. Because flash PMIs are among the first economic indicators for each month and provide evidence of changing economic conditions ahead of comparable government statistics, they can have a significant effect on currency markets.
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Investopedia explains 'Flash Manufacturing PMI'
PMIs are based on monthly questionnaire surveys of selected companies that provide an advance indication of the performance of the private sector. This is achieved by tracking changes in variables such as output, new orders and prices across the manufacturing, construction, retail and service sectors.
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Search results for 'Flash Manufacturing PMI'
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http://www.investopedia.com/university/monthly-forex-report-may-2012/calendar-of-forex-events.asp
... Index (May 3) The EMU PMI Services Index ... forex traders in determining whether
manufacturing activity a ... European GDP Flash (May 15) Gross domestic product ...
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http://www.investopedia.com/university/monthly-forex-report-April-2012/calendar.asp
... Great Britain: CIPS/PMI Services Index (April 4 ... can help forex traders ascertain
whether manufacturing is on ... About Inflation European Union: HICP Flash (April 30 ...
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http://www.investopedia.com/university/monthly-forex-report-march-2012/Upcoming_Economic_Calendar.asp
... As a leading manufacturing giant, analysts will closely watch Germany's PMI figures
to ... HICP Flash The harmonized index of consumer prices (HICP) is a ...
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