FLGB - U.S. Inflation Descent Outpacing That Of Europe According To Flash PMIs
2024-02-24 02:35:00 ET
Summary
- February's flash PMI surveys brought mixed news on inflation, with European prices looking stickier than in the US.
- The UK was also notable in seeing a greater incidence of supply chain delays, linked in part to Red Sea shipping disruptions, which is a potential harbinger of higher prices in the coming months.
- Looking at the latest data, the numbers from the United States are especially encouraging.
February's flash PMI surveys brought mixed news on inflation, with European prices looking stickier than in the US....
U.S. Inflation Descent Outpacing That Of Europe According To Flash PMIs