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How not to read the PMI data

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Recently I have seen lots of cases on Twitter where people have confused themselves over what the Purchasing Manager Index data shows

When China posted a reading of 52.0 for March, after falling to 35.7 in February, there was a lot of talk of a V-shaped recovery. This not true.

More here: https://www.ig.com/uk/investments/education/2020/04/21/purchasing-manager-index--how-not-to-read-this-leading-economic-

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