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Global Purchasing Manager Index (PMI) for manufacturing and new export orders from January 2018 to January 2024

 

This Statista update provides informatoon about the Global Purchasing Managers’ Index (PMI). It discusses manufacturing and new export orders. The PMI is an indicator of economic activity. A reading above 50 indicates expansion; below 50 indicates contraction. In January 2024, the manufacturing PMI was 50 and the new export orders PMI was 48.8. This suggests that the global manufacturing sector is barely growing. The manufacturing PMI reached its lowest point in August 2020, due to the effects of the Russia-Ukraine war and rising inflation.

Credits

This post was generated using Gemini (Google, 2024). Accessed on February 11, 2024: https://gemini.google.com/.

 

 

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