Global output growth just shy of January’s 13-month high

The latest PMI highlights many noteworthy trends on the local, national and global economy from April 2017. This slide pack explores them in more detail.

Key highlights include:

  • Global output growth (53.7) just shy of January’s 13-mth high
  • Growth accelerates in UK, EZ & the Republic of Ireland
  • Chinese composite PMI slows to a 7-month low (51.2)
  • Emerging Markets Composite PMI eases from 31-mth high
  • Eurozone composite PMI (56.8) hits a 6-yr high
  • Italian & Spanish PMIs hit their highest levels since Jul-07 & Aug-15 respectively
  • Developed Market manufacturing PMI just shy of recent 35-mth high with Emerging Markets slipping back to 3-mth low
  • UK composite PMI (56.0) accelerates to a 4-mth high with the West Midlands (60.3) the fastest growing region
  • RoI business activity accelerates to a 3-mth high (58.7)
  • NI firms’ output growth accelerates to 54.3 – its fastest rate of growth this year

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