In Germany, Levofloxacin Hemihydrate prices increased by 2.04 percent in June compared to April leve

Chemanalyst13 Sep, 2023Business

In the United States, Levofloxacin Hemihydrate prices saw a 1.70 percent increase in June compared to April. The US manufacturing PMI (Purchasing Managers Index) declined to 46.3 in June, down from 48.4 in May and 47.1 in April. This indicated limited inventories among market suppliers and traders, coupled with supplier delivery delays to meet consumer demand, which bolstered Levofloxacin Hemihydrate prices. Additionally, growing market optimism stemmed from heightened consumer interest and supply shortages, prompting traders to raise their prices and focus on restocking. The consumer price index (CPI), a measure of inflation, rose by 0.2% in June, up from 0.1% in May, suggesting a moderation in June's inflation due to a US Federal Reserve interest rate hike.