ECONOMICS COMMENTARY
Aug 12, 2013
Global Copper PMI: US continues to outperform Asia and Europe
Regional disparities widened in July as US copper users outperformed those in Asia and Europe. The latest Copper PMI data from Markit signalled that output growth in the US accelerated to a five-month high. This contrasted with only marginal expansions in the other two regions, where growth slowed since June. Globally, output at copper users rose at a modest rate that was the weakest in seven months.
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