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ECONOMICS COMMENTARY Jan 02, 2013

Global manufacturing holds steady at end of 2012

The global manufacturing sector continued to stabilise in December. At 50.2, from 49.6 in November, the JPMorgan Global Manufacturing PMI - a composite index produced by JPMorgan and Markit in association with ISM and IFPSM - lifted back above the no-change mark of 50.0 for the first time since May 2012.

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