Global Economic Summary - stabilisation?

Global Economic Summary - stabilisation?

Each month we analyse the purchasing managers indices (PMIs) to assess the condition of the global economy.

Economic Analysis

07 August 2012

Our PMI heatmap remains almost uniformly red and there are considerable deviations from the long-run average readings in almost all the major economies. Of particular worry this month is Germany. With the ingredients necessary for a stronger recovery still absent, stabilisation may be the best we can hope for this year.

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