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January's PMI data will provide the first clues as to the health of the global economy at the start of the new year. Recent data have shown economies being supported by resilient manufacturing sector growth, but in many cases—notably in Europe—tighter restrictions because of COVID-19 have led to worries of double-dip recessions, as service sector businesses often continued to struggle. Meanwhile, supply chain shortages have led to sharp increases in prices, raising concerns about resurgent inflation.
Listen to our 30-minute global PMI webcast to gain a detailed overview of the latest trends, including details on both manufacturing and services conditions in all major developed and emerging markets.