ECONOMICS COMMENTARY
Apr 07, 2014
Global Sector PMI: Metals & mining at foot of growth rankings in March
Markit’s latest global sector PMI data indicated weakening output growth in the global basic materials industry in March. This reflected slowdowns in both metals & mining and chemicals. In contrast, forestry & paper products was at the top of the detailed sector rankings during the month. Metals & mining posted a lower Output Index reading than any other sector in March. At 50.5, the latest data still indicated expansion, but at a marginal rate.
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