April 2018 US Markit Manufacturing services and composite PMI flash 23 April 2018

  • Prior 55.6
  • Services 54.4 vs 54.0 exp. Prior 54.0
  • Comp 54.8 vs 54.2 prior

On inflation, Markit notes;

In line with stronger client demand, and rising cost burdens, average prices charged for goods and services increased solidly. The rate of input price inflation was the quickest since July 2013, with panellists noting that the introduction of tariffs been a key factor pushing raw material costs higher.

Ryan Littlestone

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