All eight broad categories monitored by the Global Sector Purchasing Managers’ Index (PMI) data registered higher activity in August. Financials recorded the strongest growth, and consumer services the weakest.
The top eight ranked sectors were all services-related except for beverages, which topped the table in August. The remaining sectors in this grouping included commercial & professional services (third), software & services (fourth) and healthcare services (eighth).
At the other end of the table, media posted a fall in business activity in August, the sole sector monitored to post a contraction. It was the first decline registered since November 2015.
Source: Markit economics, https://www.markiteconomics.com