USOI - Global Manufacturers Signal Record Increase In Prices Paid For Energy And Semiconductors In February
- Inflationary pressures were sustained in February, with the number of manufacturing firms worldwide reporting higher prices for raw materials nearly 4.5 times higher than normal.
- Comparisons of benchmark pricing data against Price Pressure Indicators derived from Manufacturing PMI surveys indicate that the latter is a useful bellwether for price trends in commodity markets.
- The outlook for global inflationary pressures appears skewed to the upside due to escalating energy prices and renewed disruptions to international supply chains.
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Global Manufacturers Signal Record Increase In Prices Paid For Energy And Semiconductors In February