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S&P Global final US services PMI 52.3 vs 52.4 prelim

S&P Global final US services PMI 52.3 vs 52.4 prelim
Lowest since FebPrelim was 52.4Prior was 54.4Final composite PMI vs 52.0 prelimPrior composite PMI was 53.2Business activity and new orders increased again, albeit at slower rates cost pressures softened. Input prices rose at the slowest pace since December 202The ISM services data is due at the top of the hour.Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, said: "The service sector remains the main engine of growth in the US economy, though there are signs of the... Read More
Posted: Aug 3 2023, 13:45
Author Name: forexlive
Views: 112542

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