PMIs Showed Easing Inflation Before Middle East Re-Escalation
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July flash PMIs show developed-market growth broadening. The US composite jumped to an eight-month-high 53.6 from 51.9, matched by services at 53.6 (up from 51.2); both beat estimates. Manufacturing eased to 53.8 from 53.9, a three-month low that missed…
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