10月全球制造业PMI为49.7% 恢复态势相对平稳

Core Insights - The global manufacturing Purchasing Managers' Index (PMI) for October stands at 49.7%, remaining unchanged from the previous month and indicating a continuous trend within the 49% to 50% range for the past eight months [1][2] Regional Analysis - The manufacturing PMI for the Americas is at 48.8%, showing a slight decline from the previous month and indicating that the manufacturing sector in this region has been in contraction for eight consecutive months, with a relatively weak recovery [1] - Europe's manufacturing PMI has risen to 49.6%, reflecting an improvement in recovery compared to the previous month, yet still below the 50% threshold, suggesting that overall economic recovery in Europe requires further strengthening [1] - Africa's manufacturing PMI is at 50.8%, maintaining a position above 50% for four consecutive months, indicating a stable expansion in the manufacturing sector [1] - Asia's manufacturing PMI is at 50.7%, experiencing a slight decrease of 0.2 percentage points from the previous month, but has remained above 50% for six months, indicating continued stable expansion and resilience in the region [1] Year-to-Date Performance - The average global manufacturing PMI for the first ten months of the year is 49.6%, which is an increase of 0.3 percentage points compared to the same period last year, yet still below the levels seen in 2019 [2] - The analysis suggests that while the global manufacturing sector remains stable within a certain range, the recovery pace is slightly better than last year but still below pre-pandemic levels, indicating a slow recovery trend in the global economy [2] - Ongoing geopolitical conflicts and trade tensions are identified as persistent uncertainties that inevitably disrupt the global economy, highlighting the need for deeper economic cooperation among countries as a primary goal for economic development [2]