Global PMI Data Shows Persistent Price Inflation in May Global PMI data for May indicates a slight increase in the average prices charged for goods and services, driven by persistent price hikes in services and accelerating manufacturing costs. While Europe shows signs of cooling inflation, the U.S. data aligns with the Fed’s target inflation levels. The PMI Prices Charged Index rose marginally to 53.3, reflecting sustained inflation rates above pre-pandemic levels. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Tick Higher in Anticipation of Influential U.S. Inflation Data READ MORE Housing Costs Fuel Jump in Core US Inflation READ MORE Citigroup and BofA Bullish on Gold: Analysts Predict 25% Surge to $3,000 READ MORE Crucial Week Ahead: Key Reports to Influence Fed's Rate Policy Decisions READ MORE Asahi vault 30 miles outside NYC added to COMEX approved vault list READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment