7月份全球制造业偏弱运行 亚洲制造业保持扩张

Core Insights - The global manufacturing Purchasing Managers' Index (PMI) for July is reported at 49.3%, indicating a slight decline of 0.2 percentage points from the previous month, reflecting a weakening recovery in global manufacturing [1] Regional Summaries - The PMI for Asia in July stands at 50.5%, down 0.2 percentage points from last month, but remains above 50 for three consecutive months, indicating continued expansion and support for global economic recovery [1] - The PMI for Africa increased to 51.1%, up 1.4 percentage points from the previous month, marking a sustained recovery in the African manufacturing sector for two months [1] - The PMI for Europe rose to 49.1%, an increase of 0.3 percentage points from last month, showing a slight improvement in recovery, although it remains slow [1] - The PMI for the Americas decreased to 48%, down 0.6 percentage points from the previous month, indicating continued contraction in the manufacturing sector, with the U.S. PMI at 48%, the lowest this year, remaining below 50 for five consecutive months [1] Economic Outlook - The global economic recovery faces significant downward pressure, with uncertainties surrounding U.S. tariff policies and ongoing geopolitical conflicts, leading to insufficient effective demand in global markets [2] - The World Bank's latest Global Economic Outlook report predicts a slowdown in global trade growth from 3.4% in 2024 to 1.8% in 2025, emphasizing the need for countries to enhance cooperation and reduce uncertainties to boost economic recovery [2]