JPMorgan aggregates purchasing managers indexes in various developed countries
The indicator doesn't offer anything new but it's a good topview on what's happening in the global economy.
The services PMI fell to 51.4 in May from 51.9 in April. Similarly, the composite PMI fell to 51.1 from 51.6.
Slowdowns in Chinese and US manufacturing in the past two years have weighed on the manufacturing PMI, which is not at 50.0.
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