Global Manufacturing activity eased to 9-month low in August as sector recovery slowed further
Sep 2nd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global manufacturing PMI (Purchasing Managers' Index) data signalled that the recovery in production extended into its fifteenth consecutive month in August. However, there were further signs that the upturn in the sector was losing momentum, reflecting slower growth of new orders and a waning boost from inventory rebuilding.