Price pressures retard private sector growth in June at 50.1 —Report

Price pressures retard private sector growth in June at 50.1 —Report

Tribuneonlineng | 08-07-2024 04:17pm |

Tribune OnlinePrice pressures retard private sector growth in June at 50.1 —ReportData released by Stanbic IBTC Bank in its Purchasing Managers’ Index (PMI) showed that the private sector recorded slowdowns in growth of output and new orders as a result of subdued demand and intense price pressures. The headline PMI registered only fractionally above the 50.0 no-change mark in June to signal broadly unchanged business conditions [...]Price pressures retard private sector growth in June at 50.1 —ReportTribune Online

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