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Global PMI: Fortsat meget svag global vækst

Morten W. Langer

lørdag 06. august 2016 kl. 15:59

Fra JP Morgan Markit global PMI – læs hele meddelelsen her

The start of the third quarter saw the rate of expansion of the global private sector economy accelerate to a three-month peak.

Growth remained subdued overall, despite a solid pick-up in the manufacturing sector, as the rate of increase in services activity failed to improve from June’s recent low. The J.P.Morgan Global All-Industry Output Index1,2 – which is produced by J.P.Morgan and Markit in association with ISM and IFPSM – posted 51.4 in July, up slightly from 51.2 in June.

The index has signalled expansion for 46 months in a row. However, rates of increase so far in 2016 have generally been among the weakest seen during the current sequence of growth. Please note that due to later than usual publication dates, data from the Canada manufacturing, Ireland manufacturing, Ireland services and Switzerland manufacturing surveys are not included in the latest Global PMI readings.

June 2016 global services and composite PMI data have also been updated to include final numbers for US services. Global indices for June 2016 were originally published based on US services flash figures as noted in the press release. The manufacturing sector outperformed its service counterpart for the first time since early-2014.

Growth of manufacturing production accelerated to an eightmonth high, underpinned by a similar pick-up in new order intakes and a slight increase in new export business. The pace of expansion in service sector activity was unchanged from June’s four-month low.

 

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