The manufacturing PMI has moved into expansion for the first time in a year.
The Composite is 52.4
- prior 52.3
S&P comment:
- “The expansion in business activity remained services-led,
but the near-stabilisation of manufacturing output offers hope
of growth broadening out later in the year,”
This article was written by Eamonn Sheridan at www.forexlive.com.
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