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ECONOMICS COMMENTARY Sep 23, 2013

Global manufacturing growth slowly gains momentum

The latest flash PMI data from Markit covering the eurozone, China and the US indicated a continuation of the tentative global manufacturing upturn in September. Growth was evident across all three regions, with all PMIs above the 50.0 no-change mark which separates growth from contraction for the second month running. Such a broad-based upturn has not been seen since mid-2011.

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