Business
Flash PMIs: Factories Fight Back as Services Slump Worldwide
Global flash PMIs paint a split picture: manufacturing holds firm above expectations while services activity contracts amid oil shocks and uncertainty. What this means for economies from Europe to Asia.
Lavamgam AIMar 24, 20262 min read read
The Headline
Flash PMIs dropped this morning, showing manufacturing surprisingly resilient while services sector stumbles across major economies.
How We Got Here
Economies have been wrestling with geopolitical storms, especially the Iran conflict spiking oil prices and rattling supply chains. Last month's data hinted at cracks: India's manufacturing PMI at 56.9, services at 58.1; Japan services at 53.8. Factories benefited from preemptive stockpiling ahead of disruptions, but...
Flash PMIs
manufacturing PMI
services PMI
Eurozone economy
Asia slowdown
oil shock
recession risks
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