PMI at 53.9 points in Dec, marking solid end to 2019

EconomyMacroeconomy Tags: PMI
Photo by Giannis Papanikos/Fosphotos
Photo by Giannis Papanikos/Fosphotos

Markit noted that this positive performance has maintained the current sequence of expansion for over two and a half years. 

Production remained strong during the month, attributed to a rise in new orders. However, the increase in new volume orders slowed to a six-month low. At the same time, new export orders rose at the sharpest pace since April, with demand rising among ke...

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