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 Copper Prices Hit Record Highs Indicating Economic Resurgence READ MORE Study Reveals Shift from Stocks to Sports Betting READ MORE Russian Finance Ministry Accelerates De-Dollarization with Massive Gold Buy READ MORE In Response to a Steady Fed, Southeast Asia Adjusts Rates to Safeguard Currencies READ MORE US Jobless Claims Decline Again, Signaling Labor Market Strength READ MORE Add a Comment Cancel replyYour email address will not be published.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