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DGT - Manufacturing And Trade Act As Drags On Global Economy
SPDR Global Dow ETF
The following is an extract from IHS Markit's monthly PMI overview presentation.
Global PMI lifts higher on back of stronger service sector expansion
The pace of global economic growth picked up in February from a near two-and-a-half year low at the start of the year, but remained among the weakest since 2016. The JPMorgan Global PMI, compiled by IHS Markit, rose from 52.1 in January to 52.6. Despite the rise, the PMI still suggests the global economy could struggle to expand at a rate in excess of 2.0% in Q1 (measured at market prices),