JPMorgan Global PMI: Global Report on Manufacturing - April 2, 2012
Global Manufacturing Growth Holds Steady Through Q1 2012
The global manufacturing sector posted further modest expansions in production, new orders and employment at the end of Q1 2012. However, input cost inflationary pressure continued to surge upwards, mainly as a result of high oil and transportation prices.
At 51.1 in March, little-changed from 51.2 in February, the JPMorgan Global Manufacturing PMI™ posted above the no-change mark of 50.0 for the fourth month running.