Global manufacturing PMI ended the trend of four consecutive months of month-on-month decline in July

Release time:2023-08-08 Click amount: 203

On August 6, China Internet of Things (IoT) released data showing that the global manufacturing PMI in July was 47.9%, ending the four consecutive months of month-on-month decline trend, indicating that the global manufacturing industry is slowly recovering, but the manufacturing industry in Europe and America is still in a weak state, which may put significant downward pressure on the global manufacturing industry. From a regional perspective, the PMI of manufacturing in Asia was 50.5% in July, 44.8% in Europe, and 47% in the America.

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