PMI Index Continues to Rise, Global Economy Ends Smoothly

On January 6, according to data from the China Federation of Logistics and Purchasing, the global manufacturing PMI in December 2024 was 49.5%, showing a slight increase for two consecutive months. By region, the Asian manufacturing PMI remained stable at 51% or above for three consecutive months; the African manufacturing PMI rose month-on-month, surpassing 50%; the American manufacturing PMI also increased month-on-month but remained below 50%; while the European manufacturing PMI saw a slight month-on-month decline, staying below 47%.