May inflation rose to 3.1% year-on-year, nearing Bank Indonesia’s upper target band, while April’s trade surplus shrank to $89m. Indonesia’s annual inflation climbed to 3.1% in May from 2.4% in April, driven by higher food and energy costs despite stable fuel prices. Volat
U.S. economic activity grew slightly in most districts, but inflation and uncertainty clouded business outlooks for the next six months. The Federal Reserve’s latest Beige Book reported slight to moderate economic growth across ten of twelve districts, with one district no
The ISM Services PMI rose to 54.5 in May, exceeding expectations and signaling stronger service sector growth. The US service sector expanded faster in May, with the ISM Services PMI rising to 54.5 from 53.6 in April. The reading surpassed the consensus estimate of 53.8, m
New York Fed President downplays persistent inflation risks, citing energy prices and tariffs as primary drivers above 2% target. New York Federal Reserve President John Williams stated that current monetary policy is appropriately positioned, with no immediate need to rai
Breaking: US ISM Services PMI rises to 54.4 in May vs. 53.8 expected Business activity in the United States (US) service sector expanded at an accelerating pace in May, with the Institute for Supply Management's (ISM) Services Purchasing Managers' Index (PMI) rising to 54.5 from...</stron
US ISM Services Prices Paid Actual 71.3 (Forecast 72.3, Previous 70.7) US ISM Services New Orders Actual 57.3 (Forecast 53.4, Previous 53.5) US ISM Services Employment Actual 47.9 (Forecast 48.8, Previous 48.0) US Durable Goods Revised Actual 8% (Forecast 7.9%, Previous 7.9%) US...</stron
Breaking: US ISM Services PMI improves to 54.4 in May vs. 53.8 expected Business activity in the United States (US) service sector expanded at an accelerating pace in May, with the Institute for Supply Management's (ISM) Services Purchasing Managers' Index (PMI) rising to 54.5...
Business activity index vs 55.9 prior Employment vs 48.0 prior New orders vs 53.5 prior Prices paid vs 70.7 prior Supplier deliveries vs 56.8 prior Inventories vs 53.1 prior Backlog of orders vs 53.0 prior New export orders vs 52.1 prior Imports vs 54.7 prior Inventory sentiment...</stron
Prior was 50.9 - Final April reading was 51.0 - Final composite PMI 51.5 vs 51.7 prelim and 51.7 prior The ISM services survey is due at the top of the hour, alongside factory orders. The ISM services survey is due at the top of the hour, alongside factory orders Mo
May ISM Manufacturing PMI rose to 54.0, signaling GDP growth of 2.2% and broad sector expansion driven by industrial output. US manufacturing activity accelerated in May, with the ISM Manufacturing PMI climbing 1.3 points to 54.0, its highest level since May 2022. The inde
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