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Daily Insights
Indicator Spotlight

August Flash PMIs Show Tentative Global Momentum, Growth Still Weak

by Felix-Antoine Vezina-Poirier, Chief Strategist  
Developed Countries
Economic Growth
Inflation

Flash August PMIs show tentative global momentum yet growth remains weak. The composite PMI improved in both the US (55.4 vs. 55.1) and euro area (51.1 vs. 50.9), with manufacturing moving into expansion for the first time in 18 months. US manufacturing…

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