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J.P. Morgan

July 1, 2026

Global Manufacturing PMI

Monthly UpdateEquitiesMacro Economic IndicatorsEnergyIndustrials

The global manufacturing PMI slowed to 53.0 in June, reflecting a consolidation of earlier industrial gains. While future output expectations have softened, overall output remains consistent with solid 3% annualized growth.

Key Takeaways

  • 1.Global manufacturing PMI fell 0.5 points to 53.0 in June, signaling consolidation after a period of robust industrial growth.
  • 2.Future output PMI expectations saw a significant decline in June, mirroring patterns seen during the 2018-19 trade war.
  • 3.Despite a slight cooling in June, DM manufacturing continues to outperform EM economies, with the DM aggregate index signaling 2% growth.

Table of Contents

  • J.P. Morgan Global Manufacturing PMI
  • Sector manufacturing PMI highlights
  • National manufacturing PMI highlights
  • Other Disclosures
  • Legal Entities Disclosures and Country-/Region-Specific Disclosures

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