- The highest was 56.1
- Composite PMI rises to 56.6 vs. 54.9 previously (33-month high)
- Services PMI jumps to 58.5 vs. 56.1 previously (38-month high)
- Manufacturing PMI falls to 48.3 vs. 49.7 previously (3-month low)
On inflation:
- &): mt-2 list-disc space-y-2 pl-8″ depth=”0″>
- Overall price pressures cooled further
- but manufacturing saw input costs rise to 2-year highs
- Service sector inflation at 4.5 year low
- Supplier delivery times extend again
USD/JPY is up a handful of pips on this and the US dollar is relatively stronger.
This article was written by Adam Button at www.forexlive.com.
Source link
