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NZAC - Global PMI Shows Price Momentum Cooling For Services But Reviving For Basic Materials
SPDR MSCI ACWI Climate Paris Aligned ETF
2024-06-07 09:40:00 ET
Summary
Average prices charged for goods and services continued to rise worldwide at an elevated rate by historical standards in May.
The headline prices charged index registered 53.3, with any index reading above 50 signaling a rise in prices compared to the prior month.
The rise in selling prices reflected a further increase in firms' input costs, which rose worldwide in May at the joint-fastest rate seen over the past eight months.