GO
Loading...

Global manufacturing downturn eases slightly in Sept -PMIs

Monday, 1 Oct 2012 | 11:17 AM ET

LONDON, Oct 1 (Reuters) - The downturn of the world's manufacturing sector eased slightly in Septmeber as output and new orders declined at a slower pace, a business survey showed on Monday.

JPMorgan's Global Manufacturing PMI rose to 48.9 in September from August's 38-month low of 48.1, although it stayed stuck below the 50 mark that divides growth from contraction for a fourth month.

The survey also showed global factories added jobs in September, albeit modestly, after two months of declines.

The indicator, produced by JPMorgan with research and supply management organisations, combines survey data from around 20 countries including the United States, Japan, Germany, France, Britain, China and Russia.

For a table of the PMIs, see

(Reporting by Andy Bruce; Editing by Toby Chopra)

((andy.bruce@thomsonreuters.com)(+442075423484))

Keywords: GLOBAL MANUFACTURING/PMI

  Price   Change %Change
JPM
---