U.S. services sector activity slowed to an 11-month low at 51.1 in March while manufacturing PMI improved to 52.4, as Middle East war drives input costs and selling prices to highest levels since August 2022, raising stagflation concerns according to S&P Global's preliminary data.
#YonhapInfomax #SPPMI #ServicesSlowdown #ManufacturingImprovement #InflationPressures #StagflationRisks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111808
US March S&P PMI Shows Services Slowdown, Manufacturing Improvement

U.S. services sector activity slowed to an 11-month low at 51.1 in March while manufacturing PMI improved to 52.4, as Middle East war drives input costs and selling prices to highest levels since August 2022, raising stagflation concerns according to S&P Global's preliminary data.

Yonhap Infomax
Eurozone May services PMI falls to 48.9, indicating economic contraction as manufacturing shows slight improvement amid ongoing challenges
#YonhapInfomax #EurozonePMI #ServicesSector #EconomicContraction #ManufacturingImprovement #GermanEconomy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64422
Eurozone May Services PMI Flash Reading at 48.9, Below Previous Month

Eurozone May services PMI falls to 48.9, indicating economic contraction as manufacturing shows slight improvement amid ongoing challenges

Yonhap Infomax