Euro-Zone Economy Strained as War Impact Ripples Across Globe

The global economy just endured a second month of renewed price pressures but with less synchronized fallout on growth, according to the first take of business surveys for April.

In contrast to the symmetric shock across much of the world during first few weeks of the Iran war, S&P Global’s purchasing manager indexes now suggest further damage to euro-zone private-sector activity, alongside fragile resilience in Asia.