Inflation Spike And Growth Slump Signalled As Flash PMI Tracks War Impact In March

AI Briefing

• – Inflation soared to 10.1% in March, the highest in 16 years, as war in the Middle East drives costs up
• – UK's PMI falls to 50.1, signaling a recession
• – GDP growth slows to 0.1% in Q1, down from 0.8% in Q4