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SPEU - U.S. And Europe Report Strong Growth In June As Japan Contracts
SPDR® Portfolio Europe ETF
The US continued to lead the global economic rebound in June, according to flash PMI data from IHS Markit, but also showed signs of growth peaking from May's record expansion.
The slower growth in the US and UK was in part linked to short-term difficulties in sourcing sufficient inputs and staff.
Supply shortages continued to put pricing power in the hands of the seller, causing industrial prices to rise at survey record rates in the US, Eurozone, and UK.