US Services PMI Plunges To 14-Month Low As Input Prices Soar

zerohedge2021-09-23

After August's surprising tumble in Markit's PMIs (Services much more so than Manufacturing), analysts expected that trend to continue in preliminary September data (albeit at a far more gradual rates...

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Comments

Sriwonc
2021-09-24
Sriwonc
Like pls
claratan
2021-09-24
claratan
Wow ? ? ?
CTG1956
2021-09-23
CTG1956
Ok
joshua0111
2021-09-23
joshua0111
Nice
ahleemama
2021-09-23
ahleemama
AWESOMR STAGFLATION
- vic78:
  ?
- AliPharma:
  gud
- joshua0111:
  nice
JiaocyTi
2021-09-23
JiaocyTi
Good
- JiaocyTi:
  share

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Hence factory output growth also weakened and order book backlogs rose at a record pace in September.\n\n\n “The upshot is yet another month of sharply rising prices charged for goods and services as demand outpaces supply, and higher costs are passed on to customers.”\n\nSo economic growth is cooling but prices are still soaring...\nCough \"stagflation\" 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