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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Authors
Joseph LuptonMaia Crook
Themes
Geopolitical UncertaintyIndustrial ConsolidationInflation Risks
Regions
Asia PacificMiddle EastUnited StatesChinaJapan
