European and UK PMIs signal “stubbornly higher” inflation
In Europe, for January 2024, manufacturing PMI, services PMI, and composite PMI were registered at 46.6, 48.4, and 47.9, respectively. The composite index rose marginally from 47.6 to claim a 6-month high, while the manufacturing PMI reached a 10-month high, rising from 44.4 in December 2023. Servic
Jan 24, 2024