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Global Manufacturing PMI faces further downturn amid slowdown in new orders – JP Morgan

The global manufacturing sector has remained in recession as July saw output fall even more amid the drop in new order intakes, which continued for the thirteenth month in a row, according to the latest Purchasing Manager’s Index (PMI) report from JP Morgan. 

Global manufacturing index declines for the first time since 2020

Business conditions in the global manufacturing sector have made a gloomy turn in September, according to JPMorgan Global Manufacturing Purchasing Managers’ Index (PMI). Compiled by...
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