ISM services PMI rises to 54.5 in May

5 Mwezi wa sita, 2026

Imeripotiwa na AI

The Institute for Supply Management reported its May services Purchasing Managers' Index at 54.5. The reading exceeded expectations and marked continued expansion in the sector.

The headline composite index stood above the forecast of 53.7. It also reflected the fifth straight month of gains in the 12-month PMI average, which reached 52.8 percent after rising 1.1 points from December 2025. Business activity posted its second-highest level since October 2024. No commodities appeared on the down-in-price list for the third consecutive month. Aluminum, copper, diesel, gasoline, software licensing and transportation all remained on the up-in-price list with multimonth runs.

Makala yanayohusiana

Illustration depicting Colombia's factory production rise amid falling sales and employment, with economic graphs overlay.

Manufacturing production rises 1.4% in February despite sales drop

16 Mwezi wa nne, 2026 Imeripotiwa na AI Picha iliyoundwa na AI

Colombia's manufacturing production rose 1.4% in February 2026 compared to the previous year, but real sales fell 2.5%, according to Dane data. Andi president Bruce Mac Master said the figures show stagnation and that the sector has yet to take off. Employed personnel dropped 0.4%.

China's manufacturing PMI edges down to 50.3 in April

China's official manufacturing purchasing managers' index (PMI) fell slightly to 50.3 in April from 50.4 the previous month, though it exceeded expectations. New export orders and imports expanded for the first time since early 2024, but softer domestic activity pushed the non-manufacturing PMI into contraction. Price pressures remained in expansionary territory, indicating ongoing reflation.

South Africa's manufacturing PMI rises to 52.6 in April

4 Mwezi wa tano, 2026 Imeripotiwa na AI

South Africa's manufacturing sector returned to expansion in April, with the Absa Purchasing Managers’ Index climbing to 52.6. This marks the first growth since September, up from 49 in March. The improvement stemmed mainly from stronger business activity and new sales orders.

America

Wall street closes higher led by tech sector

Asia

South Korea's industrial output, retail sales and facility investment rise in March

Asia

South Korea's producer prices rise for sixth straight month in February on high oil prices

South Korea's February industrial output rises 2.5%, fastest in over 5 years

South Korea's industrial output rose 2.5% in February from the previous month, the fastest growth in five years and eight months. Government data showed retail sales unchanged while facility investment jumped 13.5%. The Middle East crisis has had minimal impact so far.

PCE inflation rises to 3.8 percent in April

28 Mwezi wa tano, 2026 Imeripotiwa na AI

The Commerce Department reported on Thursday that the Federal Reserve’s preferred inflation measure rose to an annual rate of 3.8 percent in April. The reading marks the third straight month of increases and remains well above the central bank’s 2 percent target.

South Korea's consumer prices accelerate to 2.6% in April amid oil shock

South Korea's consumer prices rose 2.6 percent year-on-year in April, up from March's 2.2 percent and the fastest pace in 21 months, driven by soaring fuel costs from the ongoing Strait of Hormuz disruption. Government data confirmed the figures.

Ijumaa, 5. Mwezi wa sita 2026, 10:59:11