Economists Monitor PMI Data for Impact of Middle East Conflict

Economists from Sweden's SEB Bank have indicated that the preliminary Purchasing Managers' Index (PMI) figures for March from major economies such as France, Germany, the Eurozone, the United Kingdom, and the United States are likely to reflect some impact from the Middle East conflict. According to Jin10, the data collection period may include the time following the outbreak of war in the Middle East. While it is too early to draw definitive conclusions, market sentiment may have already been negatively affected. SEB Bank plans to closely monitor various price indices and indices measuring delivery times.