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Monthly PMI Bulletin: September 2021

By IHS Markit (Chris Williamson)Market OverviewSep 09, 2021 07:09
uk.investing.com/analysis/monthly-pmi-bulletin-september-2021-200496004
Monthly PMI Bulletin: September 2021
By IHS Markit (Chris Williamson)   |  Sep 09, 2021 07:09
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The global economy expanded for a fourteenth straight month in August, according to the JPMorgan (NYSE:JPM) Global PMI™ (compiled by IHS Markit). However, the rate of expansion was the slowest since January.

Both manufacturing and service sectors contributed to the easing of growth as COVID-19 cases rose around the world and induced further caution. Impeded by sustained supply-side constraints, global manufacturing growth fell to the lowest in 14 months. PMI sub-indices also showed a lengthening of average supplier lead times to an extent exceeded only twice in the survey's 23-year history, linked in turn to yet another steep rise in prices and underscoring the unprecedented supply chain pressures faced by firms.

Global PMI & Covid-19 Containment
Global PMI & Covid-19 Containment

"Disclaimer: The intellectual property rights to these data provided herein are owned by or licensed to Markit Economics Limited. Any unauthorised use, including but not limited to copying, distributing, transmitting or otherwise of any data appearing is not permitted without Markit’s prior consent. Markit shall not have any liability, duty or obligation for or relating to the content or information (“data”) contained herein, any errors, inaccuracies, omissions or delays in the data, or for any actions taken in reliance thereon.

In no event shall Markit be liable for any special, incidental, or consequential damages, arising out of the use of the data. Purchasing Managers' Index™ and PMI™ are either registered trademarks of Markit Economics Limited or licensed to Markit Economics Limited. Markit is a registered trade mark of Markit Group Limited."

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Monthly PMI Bulletin: September 2021
 

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Monthly PMI Bulletin: September 2021

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