Data released today shows that UK Manufacturing PMI (Purchasing Managers’ Index) rose to 58.9 in March, the highest level in more than 10 years.
Euro zone manufacturing PMI came in at 62.5 for March, up from 57.9 in February, meaning manufacturing grew at its fastest pace on record
In the US, Joe Biden revealed the first part of his new recovery package on Wednesday, a $2 trillion infrastructure plan. The President, speaking in Pittsburgh, said it will create “the strongest, most resilient, innovative economy in the world”.
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