02:45 PM BST, United States - PMI Data for July:
- S&P Global Services PMI: actual 56.0; forecast 54.7; previous 55.3;
- S&P Global Composite PMI: actual 55.0; previous 54.8;
- S&P Global US Manufacturing PMI: actual 49.5; forecast 51.7; previous 51.6;
In July, US business activity growth reached its fastest pace in 27 months, driven by strong performance in the service sector, according to S&P Global flash PMI data. The Flash US PMI Composite Output Index rose to 55.0, a slight increase from June's 54.8, marking continuous growth over the past 18 months.
إبدأ بالإستثمار اليوم أو تدرّب على حساب تجريبي
إنشاء حساب حساب تجريبي تحميل تطبيق الجوال تحميل تطبيق الجوالThe Flash US Services Business Activity Index hit a 28-month high at 56.0, while the manufacturing sector saw declines, with the Flash US Manufacturing Output Index and PMI both dropping to 49.5. Despite the growth, employment rose at a slower rate and business confidence fell due to political uncertainty and high living costs. Additionally, prices for goods and services rose at a slow pace, although input costs increased sharply.
The data continue to be in a significant divergence between the ISM report. Market reaction is limited so far following the publication of the preliminary data for July.
