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 December PCE: Core Inflation Dropped More Than Expected READ MORE Why a Powerful Silver Bull Market May Be Ahead READ MORE Final Week of Q2 to Feature Fed's Preferred Inflation Measure READ MORE Economic Indicators Misfire: No Recession Despite Warning Signs READ MORE Rising Tide of Global Debt Set to Elevate Yields, Predicts Goldman Sachs READ MORE Add a Comment Cancel replyYour email address will not be published.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