11月份全球制造业PMI为49.6% 亚洲制造业保持温和扩张

Core Insights - The global manufacturing PMI for November 2025 is at 49.6%, a slight decrease of 0.1 percentage points from October, indicating a continued but weakening recovery in the manufacturing sector [1] - Analysts suggest that countries are adjusting their development strategies in response to a complex external environment, focusing on expanding domestic demand and fostering stable regional cooperation [1] Regional Analysis - Asian manufacturing PMI remains stable at 50.7%, indicating moderate expansion, with China showing an increase in PMI while India experiences a decline [2] - The manufacturing PMIs in ASEAN countries vary, with Thailand, Indonesia, and Vietnam above 53%, while the Philippines is below 50%, reflecting diverse economic conditions across the region [2] - European manufacturing PMI remains below 50, indicating ongoing uncertainty in economic recovery, while African manufacturing has entered a contraction phase [3] - The Americas continue to show weakness in manufacturing, with PMIs below 49, reflecting sluggish demand and investment delays due to economic uncertainties [3]