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Purchasing Managers Index - PMI

Purchasing Managers Index - PMI

Posted by Trader On January - 14 - 2009













The Index displays the rate of business activity in industrial sector. If after the strengthening period PMI begins decreasing, then it anticipates the downward turn in business cycle and curtailment in industrial activity. If PMI, reaching its minimum, turns upwards, then it is considered to be an indicator of future economy restoration.

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