World Economy Barometer - Cruise control

The global economy completed Q1 with another solid showing in March. The global composite PMI, covering both manufacturing and services, rose marginally from 53.1 to 53.5 last month and spent the first quarter close to the long-term average.

The eurozone’s modest recovery continues with the region’s four largest economies – Germany, France, Italy and Spain – all posting composite readings above 50.

But a lot more is needed to put a dent in the region’s considerable economic problems and the situation in Russia and Ukraine is prompting some investor concern.

In this edition of the Barometer we explore some of the trade, financial and energy linkages and find that the global economic recovery is unlikely to be derailed.

Download the full Barometer (PDF 85KB)

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