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ECONOMICS COMMENTARY Mar 24, 2014

Robust US and eurozone growth contrasts with steepening downturn in China

Markit's flash PMI surveys showed ongoing marked divergences between manufacturing trends in the US, Eurozone and China in March. While business conditions deteriorated for a third month running in China, as factory output showed the largest fall since September 2012, ongoing robust rates of expansion in the US and Eurozone rounded off their best quarters since early-2011.

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