UK Recovery From Recession Gains Momentum as PMI Beats Forecast [BNN Bloomberg (Canada)]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: BNN Bloomberg
S&P Global's purchasing managers' index rose to a stronger-than-expected 54 in April, an 11-month high and a jump from 52.8 the previous month. The figure was much stronger than the 52.6 expected by economists, with any score above 50 signaling growth. The services sector drove the pickup as manufacturing returned to contraction. Firms responded by boosting hiring by the most for nine months. They also reported the strongest cost pressures in 11 months, particularly from staff wages after a near 10% in the minimum wage took effect in April. The figures may heighten concerns among Bank of England hawks that a stronger economy and rapid wage growth mean that the battle to curb inflation pressures is not over, even with the headline rate close to falling to the 2% target. The economy slipped into a shallow recession in the second half of last year but early indicators point to a return to growth in the first quarter. Markets have pushed back bets on the start of the BOE's hiking
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SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 4/26/24 - Form IRANNOTICE
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- SPGI's page on the SEC website