The shape of a global slowdown

The shape of a global slowdown

The chart shows that global manufacturing growth has lost a lot of momentum, although it is still in the positive territory. A reading above 50 indicates expansion. Also, note that while the HSBC India Purchasing Managers’ Index (PMI) reading has come down, it is still quite high.

Also see | The shape of a global slowdown (PDF)

Graphic by Sandeep Bhatnagar/Mint

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