FROM 5TH JANUARY INTELLIGENCE REPORT:
Global manufacturing was either solid or showing superb growth in December, according to the latest Purchasing Managers’ Indices. While the IHS Markit/CIPS UK Manufacturing PMI was down from November’s 58.2, at 56.3 in December this was still strong growth as it was comfortably ahead of the 50.0 level that splits growth from decline.
The average reading of 57.0 for the final quarter of 2017, was the best since the second quarter of 2014. While the overall amount of new orders and manufacturing output increased, with export demand . . .
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