In this episode of The Decisive Podcast from S&P Global Market Intelligence, host Andrew Harker, alongside economists David Owen and Usamah Bhatti, parses the latest findings from the Purchasing Managers' Indices (PMIs) across various regions. The discussion highlights a positive trend in global business activity for August 2025, with strong growth in both the services and manufacturing sectors. The panelists also address challenges such as export weaknesses and subdued business confidence, particularly influenced by US tariffs.

Focusing on the Middle East and North Africa, David provides insights into the slowdown in demand momentum in the UAE, attributed to regional tensions and competitive pressures. Usamah shares updates on the newly launched Pakistan Manufacturing PMI, noting a gradual slowdown in operating conditions and the impact of recent flooding on the manufacturing sector.

Listeners will gain valuable perspectives on economic trends, sector-specific performances, and the implications of tariff policies on global trade. Tune in for an informative session that offers a comprehensive overview of the current economic landscape as we approach the end of 2025.

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More S&P Global Market Intelligence Content:

• Global Economic Outlook: August 2025
• Mixed export performance seen across goods producers in Asia
• Global PMI at 14-month high in August, but future growth expectations fall further

Credits:

• Host: Andrew Harker
• Guests: Usamah Bhatti, David Owen
• Produced By: Kristen Hallam
• Edited By: Marz Marcello
• Published With Assistance From: Sophie Carr, Feranmi Adeoshun