AI Data Insight
The latest data for the second quarter of 2026 shows that the US ISM Services PMI Prices Index fell from the previous value of 71.3 to 67.7, hitting a four-month low. The overall services sector continues to expand, and the employment index rebounded strongly to 51.2, indicating economic resilience. With declining energy costs, inflationary pressures in the services sector are expected to cool further in the short term, providing support for interest rate cut expectations.