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Global manufacturers signal record increase in prices paid for energy and semiconductors in February
S&P Global PMI Commodity Price & Supply Indicators highlighted that manufacturers continued to battle against rising prices and shortages for a wide range of items in February, with the fallout from the war in Ukraine set to reverse the recent improvement in international supply chain conditions. The number of manufacturers reporting rising energy costs was the highest since data were first available in January 2005, sending an early warning that escalating oil and gas prices are set to unleash another wave of inflationary pressures around the world. Reports citing increased energy prices were more than ten times ... (full story)