Global manufacturing: Riding the tariff rollercoaster

Global-manufacturing-PMI

The impact of the tariff turmoil is probably most visible in the evolution of the global manufacturing PMI’s export subindex. This component dropped by almost three points in April (to 47.3), but recovered in subsequent months The global manufacturing PMI rose back to expansion territory in June (50.3), after having dipped below the neutral 50 mark separating expansion from contraction […]

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