- March PMI data will therefore be scrutinised for the impact of these events on various economic metrics such as output, supply chains, prices and upon the sole sentiment PMI sub-index - the future output index.
- Since the eruption of the Ukraine crisis on February 24, commodity prices have exhibited heightened volatility.
- Global business optimism had been at a decade-high prior to the invasion of Ukraine according to the only sentiment-based PMI sub-index, the future output expectations index.
For further details see:
PMI Data To Provide Insights Into Key Economic Developments In March