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US manufacturing activity expanded for the ninth consecutive month in September, with a survey of firms indicating increasing price pressures. The ISM purchasing managers' index was recorded at 54.5 in September, a slight decrease from 54.6 in August.
Factory activity across Asia expanded in September, driven by the global AI boom, according to private surveys released Thursday. This offers some relief to policymakers concerned about rising cost pressures.
Factory activity across Asia expanded in September, aided by global AI demand, according to private surveys released on Thursday. This offers some relief to policymakers concerned about inflation.