S&P Global's October flash PMI surveys signaled continued growth across the four largest advanced economies, led by a substantial US outperformance.
While the other G4 economies lagged the US in terms of growth, their performances were nevertheless encouraging, showing resilience in the face of the ongoing geopolitical uncertainty and energy price rises.
A key concern among policymakers is the degree to which elevated price pressures become ingrained and feed through to more worrying increases in underlying inflation, specifically energy prices.
Galeanu Mihai/iStock via Getty Images
S&P Global's October flash PMI surveys signaled continued growth across the four largest advanced economies, led by a substantial US outperformance. Although the G4 expansion eased, it remained the second-strongest since April 2022, with the UK, eurozone and Japan
