🌐 The latest S&P Global Sector #PMI showed the #COVID recovery propelling consumer services further in May. However, weak demand and inflationary pressures restricted growth across production industries. 
Global Tourism & Recreation firms continued on their post-COVID rebound in May and raised employment at the fastest pace on record (since Oct ‘09).
The Global Banking sector endured a difficult May, with new business falling at a pace unseen outside of the initial wave of the COVID-19 pandemic.
Global Autos firms faced a slide in demand midway through the second quarter, seeing new orders fall at the fastest pace in two years.
Input costs at worldwide Beverages & Food producers increased at the sharpest pace on record (since Oct ’09), further raising fears about the prospect of a global food crisis.
Read more: ow.ly/HUPL30slwct
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