AI Data Insight
The US Q3 2026 (August) ISM Manufacturing Prices Index reported at 71.1, flat from the previous reading and higher than market expectations, indicating that raw material inflation pressures remain severe. Caught between high costs and geopolitical conflicts, both the headline PMI and new orders index fell, reflecting a shift towards a more conservative corporate momentum. Going forward, attention must be paid to whether persistently high inflation will further erode end demand.