Purchasing Manager Index Falls in May

Cited from: https://pixabay.com/zh/photos/stock-trading-monitor-business-1863880/

In May, the Purchasing Managers Index of the global manufacturing industry was 48.3%, down 0.3 percentage points from the previous month. It fell month on month for three consecutive months and was below 50% for eight consecutive months, the lowest since June 2020. The global economy continues to fluctuate and decline. From the perspective of regional trends, the manufacturing industry of major countries in Asia and Africa has remained relatively stable, becoming the main force in stabilizing the operation of the manufacturing industry.