- IHS Markit's PMI surveys track input costs at manufacturing and service sector companies around the world, as well as the average prices charged for these goods and services.
- The Global PMI's selling price index hit an all-time high of 60.3 with record highs seen for both goods and services.
- Inflationary pressures were most marked in the developed world, where collectively the PMI surveys indicated by far the steepest increase in average selling prices for goods and services recorded since comparable data were first available in 2009.
For further details see:
Global Inflation Set To Lift Higher According To PMI Surveys: 5 Key Charts