China’s GDP continues to slow down, mixed PMIs

Genevieve Signoret

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China GDP continues to slow down. China’s GDP grew 7.3% year on year in Q4, which is the same pace as in Q3. 2014 growth was 7.4% down from 7.7% in 2013.

China GDP continues to slow down

Markit global manufacturing PMIs were mixed in January:

The USA’s slipped to 53.7 from 53.9 in December, confirming the downward trend begun in September 2014 when it reached 57.9. The euro area’s accelerated to 51.0 from 50.6.  China’s came to 49.8, still in contraction zone but higher than the December 49.6. Finally, the Japan’s PMI moved up marginally to 52.1 from 52.0 in January, this indicator has remained stagnant the last three months.

Markit global manufacturing PMIs were mixed in January