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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK manufacturing PMI surprisingly rose in December
In the UK, the manufacturing PMI unexpectedly rose to a level of 54.20 in December, compared to a revised level of 53.60 in the previous month. Market anticipation was for the index to fall to a level of 52.50.
Euro-zone manufacturing PMI dropped in December
The final manufacturing PMI in the Euro-zone dropped to a level of 51.40 in December, meeting market expectations. In the prior month, the index had recorded a reading of 51.80.
German manufacturing PMI fell in December
In Germany, the final manufacturing PMI recorded a drop to a level of 51.50 in December, meeting market expectations. The index had registered a reading of 51.80 in the last month.
US Markit manufacturing PMI eased in December
The final Markit manufacturing PMI in the US registered a drop to a level of 53.80 in December, compared to a reading of 55.30 in the previous month. Market anticipation was for the index to drop to a level of 53.90.
Canadian manufacturing PMI declined in December
In Canada, the manufacturing PMI registered a drop to a level of 53.60 in December, compared to a reading of 54.90 in the prior month.
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