Growth of global economy slowed to 10-month low in September as rates of expansion eased in manufacturing and services
Oct 6th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The global economic recovery downshifted again in September, as rates of expansion eased in both the manufacturing and service sectors. At 52.6, down further from April's post-recession high, the JPMorgan Global All-Industry Output Index posted its lowest reading since last November. The average index reading for Q3 2010 as a whole was the weakest since Q4 2009.