PMI blues
Just a few weeks ago the BBC was trumpeting the then latest PMI figures that had dipped below 50 and in the BBC’s interpretation this definitely showed we were heading for recession due to Brexit. This ‘news’ was constantly and loudly broadcast on the day the figures were released. How different yesterday when the latest PMI figures [53.3] were released showing that ‘the month-on-month increase in the PMI level … Continue reading