ACWI - Global PMI At 11-Year High As Services Take The Lead Sets Scene For Strong Q2
- Global economic growth accelerated sharply in April to reach an 11-year high, according to the latest PMI surveys, and further robust growth looks likely in the coming months as more economies open up from Covid lockdowns.
- The COVID-19 Containment Index is set to fall further to 29 in May and 22 in June, according to official government roadmaps, as efforts to fight the pandemic allow the further reopening of economies, albeit with some exceptions, notably India and Brazil.
- Of the 65 economies covered by IHS Markit's COVID-19 Containment Index, the biggest lockdown easings in May are scheduled for European countries.
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Global PMI At 11-Year High As Services Take The Lead, Sets Scene For Strong Q2