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 Decline in Gold Prices Leads to Weakening of Zimbabwe's ZiG Currency READ MORE Gold Rises on Rate Cut Expectations Before Inflation Data READ MORE Gold and Silver Alert: Market Turmoil May Unlock Historic Buying Opportunity READ MORE Fed’s Kashkari: Public Prefers Recession Over High Inflation READ MORE $20,000 Gold: Is A Treasury Revaluation Possible? READ MORE Add a Comment Cancel replyYour email address will not be published.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