Global composite PMI reached 52.0 in June, driven by services expansion despite a slight cooling in manufacturing. Notably, Mexico's manufacturing export orders entered expansion for the first time in two years.
Key Takeaways
- 1.Global composite PMI rose slightly in June to 52.0, with services growing while manufacturing experienced a minor contraction.
- 2.Mexico manufacturing new export orders rebounded into expansionary territory for the first time in two years.
Table of Contents
- Global trends
- Major economy-level trends
- Country-level trends
- Activity components
- Inflation-related components
- Trade-related components
- Analysis of PMIs From Our Economics Team
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Authors
Sarah DongJan Hatzius
Themes
Global Manufacturing RecoveryInflation Moderation
Regions
EuropeMexicoUnited StatesChina