China News Service, Beijing, March 6 (Reporter Ruan Yulin) Data released by the China Federation of Logistics and Purchasing on the 6th showed that the global manufacturing Purchasing Managers Index (PMI) in February was 54.9%, a slight increase of 0.2 percentage points from the previous month. It was stable at more than 54% in 2 months, indicating that the global economy continued to recover.

  In terms of sub-regions, in February, the European manufacturing PMI was 56.9%, a decrease of 0.6 percentage points from the previous month, indicating that the growth rate of the European manufacturing industry slowed down from the previous month; the American manufacturing PMI increased by 1 percentage point from the previous month to 57.4 %, ending the month-on-month decline for two consecutive months, indicating that the American manufacturing industry has ended the slowdown trend.

During the same period, the Asian manufacturing PMI fell slightly by 0.3 percentage points from the previous month to 51.6%; the African manufacturing PMI increased by 2.7 percentage points from the previous month to 52.8%, ending the downward trend for two consecutive months, indicating that the recovery speed of the African manufacturing industry is higher than that of the previous month. month has accelerated.

  According to the analysis, from the perspective of index changes, the global economy continues to recover.

The average global manufacturing PMI in January and February 2022 was 54.8%, slightly lower than the same period last year by 0.2 percentage points, indicating that the strength of economic recovery still needs to be improved.

The spread of the epidemic still disrupts the global economic recovery.

In countries and regions with severe epidemics, the manufacturing industry fluctuates more obviously.

Eliminating the impact of the epidemic as soon as possible is still the foundation of the sustained and stable recovery of the global economy.

  The analysis believes that under the disturbance of the epidemic, the stability of the global supply chain needs to be consolidated.

The shortage of raw materials and labor supply continues to push up the operating costs of enterprises, and the global inflationary pressure remains high.

The year-on-year growth rate of the consumer price index (CPI) in major European and American countries has increased significantly.

In addition, the continuation of the epidemic has further exacerbated the differentiation of the recovery of different economies, and the imbalance of global economic development will be difficult to change in the short term.

Governments of various countries have a difficult choice between supporting economic recovery and resisting inflationary pressures. Targeted and precise policies may help countries maintain a stable economic recovery.