Global economic growth at 22 month high

Investors should take note of JP Morgan/Markit survey
Thursday 09 Feb 2017 Author: Daniel Coatsworth

Global economic growth hit a 22-month high in January 2017 led by higher production, new orders and business sentiment.

JP Morgan and Markit’s Global All-Industry Output Index has signalled expansion for 52 consecutive months.


Services sector growth climbed to a 17-month high, more than compensating for a slight decline in the pace of manufacturing expansion.

It is important to note the latest data doesn’t include manufacturing figures from various parts of Asia including China.

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