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Global Manufacturing Growth Eased Slightly in March

Posted April 02, 2015

Under Economic Issues, International Trade Issues

(Reuters)

Global manufacturing growth pulled back slightly in March as factories made only modest cuts to their prices, a business survey showed on Thursday.

JPMorgan’s Global Manufacturing Purchasing Managers’ Index (PMI), produced with Markit, nudged down to 51.8 in March from February’s four-month high of 51.9.

March was the 28th month the index has been above the 50 level that separates growth from contraction. A sub-index measuring output prices rose to just below that level, coming in at 49.7. Click here to read more.

Related: U.S. Manufacturing Index Falls To Nearly Two-Year Low in March (RTT)