Free Trial

ISM Price Pressures Still Broadly Moderating

US DATA
  • here were further signs of moderation in inflationary pressures, with prices also at lows since May’20 (43, -3.6pts).
  • In terms of supply side disruption, the acceleration in supplier delivery times (i.e. lower number) paused but at 47.2 (+0.4pts) it’s at levels last seen in 2009.
  • ISM services hitting Monday will be more important for price pressures given the much larger weight in the economy, but it nevertheless continues to show dissipating pressures in the manufacturing sector of the US economy.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.