Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsOpinionFlash PMIs show two-speed global economy -- and a dilemma for central banks

    Flash PMIs show two-speed global economy -- and a dilemma for central banks

    For the US, UK and the Eurozone, the Flash Manufacturing PMIs for May are all below 50, which means they have shrunk compared to the previous month. In contrast, the Flash PMI for the services sector shows robust expansion 

    Manas Chakravarty
    May 24, 2023 / 10:40 IST
    Markets around the world have been rallying on hopes that with inflation coming down, central banks will pause their rate hikes or start cutting rates
    • PRO Panorama

      Moneycontrol Pro Panorama | A new AI order is reshaping real estate 

      Nov 21, 2025 / 03:34 PM IST

      Moneycontrol's Pro Panorama November 21 edition: CAG audit reveals problems in Delhi's broken bus services, India’s private bank...

      Read Now
    Unlock This Article

    Are you a PRO subscriber? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts