Economy
February 1, 2017
Global PMI Steady in January
Written by Sandy Williams
The JP Morgan Global PMI remained steady at 52.7 in January. Global manufacturing production increased for the fifty-first consecutive month according to data collected IHS Markit. Faster expansion was noted in the US, Eurozone and UK. Manufacturing expansion slowed in Japan in January and contraction was registered in South Korea, Brazil, Turkey and Greece.
At the time of publication of the global PMI, no information was available from China, Taiwan, Vietnam and Malaysia.
