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JPM Global Composite PMI Slips to 51.3 in Aug; Business Optimism Drops to Record Low
The JP Morgan Global Composite Output Index posted 51.3 in August, down from 51.6 in July, Markit/J.P.Morgan data showed. The only times that the headline index has been lower over...
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JPM Global Composite PMI Slips to 51.3 in Aug; Business Optimism Drops to Record Low
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2019/09/06 11:00
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The JP Morgan Global Composite Output Index posted 51.3 in August, down from 51.6 in July, Markit/J.P.Morgan data showed. The only times that the headline index has been lower over the past three years were in May and June of this year (51.2 in both months). Australia was the only nation for which composite PMI output data are compiled to see contraction. Growth slowed in the US, the UK, India and Italy.

In August, global new orders index ended the two-month rising streak, falling to 51.1 from July's 52.1.
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