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ECONOMICS COMMENTARY
Oct 08, 2013
Global Sector PMI: Broad-based improvement in third quarter business conditions
Markit Global Sector PMI data, derived from surveys of over 20,000 firms in 28 major economies, signalled a broad-based gaining of momentum across economic sectors on a global basis during the third quarter. Among the eight major industry groups covered, all registered output growth with all except basic materials and healthcare seeing the strongest quarterly performance of the year so far. Consumer services and financials led the growth rankings in the third quarter, with the former registering the strongest growth of any quarter since the global series began in late-2009.
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