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The Global Manufacturing Purchasing Managers' Index for July was 48.9%.

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2024-08-06 10:51:54
On August 6th, the China Federation of Logistics and Purchasing announced today that the global manufacturing purchasing managers index for July. Composite index changes, the global manufacturing purchasing managers index has been running below 50% for four consecutive months. The decline in July has expanded, and the global economic recovery momentum continues to weaken. The global manufacturing purchasing managers index in July was 48.9%, down 0.6 percentage points from the previous month, and the decline increased by 0.3 percentage points from the previous month. Composite index changes, the global manufacturing purchasing managers index continued to run below 50%, and the decline has expanded from the previous month, ending the running trend that continued to run above 49% in the first half of this year, which means that the global economic recovery momentum continues to weaken and the downward pressure has increased.