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magazineGlobal economic growth at 22 month high
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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