Global EconomyIMPORTANT
French S&P Global Services PMI Final (Sep) 51.2 vs. Exp. 51.4 (Prev. 48.0)
StockNow breaking-news AI analysis
September’s French Services PMI final was below expectations but above its previous reading; the item also notes rising energy-cost pass-through risk amid elevated oil and gas prices.
News detail
"Faster price increases by firms point to some confidence in pricing power. With the war in the Middle East continuing and global oil and gas prices staying elevated, the risk that energy cost inflation passes through to more parts of the economy is rising."
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