Purchasing Managers' Index (PMI)

Surprise this month came with manufacturing recorded slight growth again, after being in contraction since November 2022. But this came with higher inflationary pressures for the sector too.

Services had a more soft report. But, still growing.

Employment in both sectors is still in contraction, probably as backlogs remain low.


https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/services/march/

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