Yonhap Infomax NewsU.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.
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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.