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Wednesday, April 5, 2023

Breaking: Renewed rise in service sector new orders, but selling price inflation quickens again

Forex Factory
 
 
Alert Alert Apr 5, 2023, 8:46pm
 
Breaking: Renewed rise in service sector new orders, but selling price inflation quickens again
US service sector firms recorded a faster upturn in business activity during March, according to the latest PMI™ data. The rise in output was driven by a renewed increase in new business, the first expansion since last September. Domestic demand continued to support the increase, as new export orders fell further, albeit at only a fractional pace. Pressure ...
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