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FXstreet.com (Barcelona) - Economic activity in the Chicago area has grown in July for the first time since January, although the prices paid index shows that inflation continues growing at a fast pace.
Chicago Purchasing managers' index has risen to 50.8 in July from 49.6 in June, in a scale showing growth in numbers above 50. Chicago PMI has remained below the 50 limit since it fell to 44.5 in February.
The prices paid index has grown to 90.7 from 85.5 in Jun, while the employment index has dropped to 45.9 in July from 46.7 in June. The new orders index has risen to 53.5 from 52.0 in June.
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