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Short-lived momentum__Global PMI wrap up (January)
-·2025-02-10 08:58

Short-lived momentum? Economics Global PMI wrap up (January) The global composite PMI expanded at the start of 2025, with the headline index dropping from 52.6 to 51.8. Within sectors, the global manufacturing PMI rebounded to above the 50 threshold, even if the pace of growth is marginal. Meanwhile, the service sector showed a slower pace of growth. That said, most economies recorded services PMI readings above 50, with this part of the global economy still faring much better than the manufacturing part. G ...