ECONOMICS COMMENTARY
Jan 09, 2014
Basic materials output expands sharply in Q4
The latest Markit Global Sector PMI data indicated that the basic materials industry expanded sharply in the final quarter of 2013, recovering from a period of stagnation earlier in the year. On a quarterly basis, production expanded at the sharpest pace since the first quarter of 2011. Moreover, in the three months to December, of the eight broad sector groups it was the basic materials industry that registered the fastest growth.
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