Global manufacturing and services PMIs data in the week were mostly disappointing. Composite PMI data of the Euro-zone, Germany, the UK, and the US lagged the forecast and edged lower from their respective prior readings. Germany’s IFO business climate data for May at 87.30 fell short of the forecast of 88 and was lower than the previous reading of 88.60.
ETMarkets Smart Talk: Trade tariffs and their impact on Indian sectors: What lies ahead? Sachin Bajaj decodes
While reciprocal tariffs remain a looming threat, their actual execution and impact are yet to be fully realized. In addition to global influences, domestic factors
March 7, 2025