Manufacturing PMI indicates growth but lowers expectations
pre-market1 source ↓written by the desknot a recommendation
The Global Manufacturing PMI indicates sustained growth in October, with improvements in new orders and production. However, business confidence has dropped to one of its lowest levels in three years, signaling potential risks ahead. Notably, input cost inflation remains high in the US due to tariffs, impacting the overall outlook.
Not investment advice. For informational purposes only.