Global Manufacturing PMI in July: End of 4th Consecutive Month of Decline
On August 6, the China Federation of Logistics and Purchasing released data showing that the global manufacturing PMI (purchasing managers index) in July was 47.9%, an increase of 0.1 percentage points from the previous month, ending the trend of four consecutive months of month-on-month decline. Qi Zhengyan, an analyst at the China Logistics Information Center, … Read more