US: July ISM Manufacturing PMI at highest level since April 2011

FXstreet.com (Barcelona) - The US ISM Manufacturing PMI rose to 505.4 in July from 50.9 in June, the Institute for Supply Management informed on Thursday. Analysts expected less increase to 52.0. This result is the highest since April 2011, when the ISM Manufacturing PMI stood at 60.4.

ISM Prices Paid fell back to contraction at 49 from 52.5, aagainst forecasts of rising to 53.8.