Emerging Market Manufacturing Input Prices Rise Steeply Amid Middle East War

Markit3.73K FollowersFollow5ShareSavePlay(5min)CommentsSummaryThe seasonally adjusted Emerging Markets Manufacturing PMI Input Prices Index rose sharply in March, climbing to its highest since June 2022 and signalling a marked increase in input costs across global emerging economies.Of the 16 emerging market economies where manufacturing sector PMI data are available, 14 reported an acceleration of input price inflation in March.Manufacturers in most of the emerging markets covered commented that the Middle East war had a direct impact on both overall input costs and supplier delivery times. tum3123/iStock via Getty Images Emerging market economies recorded a sharp upswing in manufacturing costs during March, as the outbreak of war in the Middle East led to widespread increases in the price of fuel, transport and other commodities, as well as aThis article was written byMarkit3.73K FollowersFollowIHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.