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PMI composite final exceeds consensus

Jul. 06, 2022 9:57 AM ETBy: Gaurav Batavia, SA News Editor1 Comment

wooden cubes with the letters PMI arranged in a vertical pyramid on banknotes, business concept

Maks_Lab/iStock via Getty Images

  • June PMI Composite Final: 52.3 vs. 51.2 consensus and 53.6 prior.
  • June PMI data signalled an increase in business activity across five out of seven US sectors.
  • Financials (index at 47.2) and Healthcare (49.5) both saw another fall in output during

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Great news, more room to hikes and tame inflation
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