May 2018 US Markit manufacturing PMI final 1 June 2018

  • Flash 56.6. Apr 56.5
  • New orders vs 58.0 vs 58.1 flash. Apr 58.8
  • Output 56.0 vs 55.8 flash. Apr 56.6
  • Sharp increases in output and new orders
  • Staffing levels expand at quicker pace
  • Inflationary pressures remain elevated

Margins are holding up well despite rising prices;

Strong demand for inputs contributed to a sharp rise in purchasing costs, which in turn fed through to a marked rise in output prices.

 

Ryan Littlestone

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