New Overnight Developments Abroad - Daily Update
Investor Anxiety on Multiple Fronts
June 3, 2021
Investor concern about runaway inflation keeps getting fed by fresh data. Today’s menu of May purchasing manager survey reports revealed record input inflation in many cases, intensifying capacity constraints, and input price inflation bleeding into output charges. A further 4-percentage point acceleration of Turkish producer price inflation to a 30-month high of 38.2% in May […] More
