Global Exports Downturn Deepens In May As War Hits Trade In Services
Source: SeekingAlpha
2026-06-19 01:05:00 ET
The worldwide Purchasing Managers’ Index ™ (PMI®) surveys indicated that global trade fell for a third successive month in May as the war in the Middle East continued to hit trade flows, especially for services. However, manufacturing exports also fell into decline, reflecting a rising number of economies reporting lower exports, hinting at a fading of the boost from stock building seen in prior months. ...
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Global Exports Downturn Deepens In May As War Hits Trade In Services
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