Email Contact Phone Company Visit Website

New York Office

40 Fulton Street 11th Floor
New York

Location Office

Charlotte House, 47-49 Charlotte Road

London Office

Broken Wharf House 2 Broken Wharf High Timber Street


020 7890 5094


Teresa Chick
[email protected]
Back to all IHS Markit announcements

Markit Monthly Economic Review: Global economic growth hits 11-month high at start of 2012

A series of upbeat economic reports indicated that 2012 got off to a far better start than almost all had anticipated. The Global Composite PMI (covering manufacturing and services) hit an 11-month high in January and improved sales meant companies took on extra staff in meaningful numbers. Improvements in the PMI surveys were seen almost across the board, ranging from strong expansion in the US and growth revivals in the UK and Germany to slower rates of decline in the Eurozone periphery (Greece being a notable exception). The upturn was spurred by rising business confidence, but whether this can be sustained remains highly uncertain.