Markit has purchased NTC Economics, which offers global macro-economic indicators and owner of the Purchasing Manager’s Index (PMI) series.

“This is a strategic move for Markit as we continue to build our company around the creation and acquisition of financial market content," Lance Uggla, chief executive officer of Markit, said in a Markit release on the acquisition. "Up until now, we have focused our efforts on content that is quantitative in nature. The acquisition of NTC Economics  s our first foray into content that lends itself to more qualitative analysis.”

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