Global PMI data for April revealed that Europe bore the heaviest economic impact from the ongoing war, with business activity significantly disrupted across the continent. IHS Markit, the London-headquartered analytics firm serving over 50,000 business and government clients including 80 percent of the Fortune Global 500, tracked the downturn through its purchasing managers’ index measurements. The data highlighted how geographic proximity to the conflict translated directly into sharper economic headwinds for European markets compared to other global regions.
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IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
