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JPMorgan Global Composite PMI™
Zone(s): Global ¦ Sector(s): Economy
At 54.3 in May, the JPMorgan Global All – Industry Output Index – which is produced by JPMorgan and Markit in association with ISM and IFPSM – rose to its highest level since September 2013 and signalled a solid acceleration in the rate of output expansion.
All – industry economic activity has now risen in each of the past 20 months. The expansion in May was underpinned by improved growth of both manufacturing production and services output, with the faster pace of increase again registered in the service sector.
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