China News Service, Beijing, May 6 (Reporter Ruan Yulin) The China Federation of Logistics and Purchasing released data on the 6th, showing that the global manufacturing Purchasing Managers Index (PMI) in April was 53.2%, a month-on-month decline for two consecutive months, showing that during the epidemic Under the dual influence of geopolitics, the growth rate of the global manufacturing industry continued to slow down, and the downward pressure on the world economy has increased.
The data showed that the global manufacturing PMI was 53.2% in April, down 0.9 percentage points from the previous month and down 3.9 percentage points year-on-year, which was a month-on-month decline for two consecutive months.
In terms of sub-regions, the European manufacturing PMI was 55.1%, a month-on-month decrease for 3 consecutive months, and a year-on-year decrease of 5.7 percentage points; the Americas manufacturing PMI decreased by 1.6 percentage points from the previous month to 55%, a year-on-year decrease of 4.2 percentage points, 2 consecutive months. The month-on-month decline; the Asian manufacturing PMI fell by 0.9 percentage points from the previous month to 50.3%, down 2.3 percentage points year-on-year, a month-on-month decline for 5 consecutive months, and the decline has expanded compared with the previous month, indicating that the downward pressure on Asian manufacturing has increased. .
The analysis believes that the uncertainty of the impact of the epidemic on the economy has increased, and the impact of continued inflationary pressure on the economy has also increased significantly.
The speed of global monetary policy returning to normalization from expansion is gradually accelerating, which weakens the external driving force for economic recovery.
At the same time, the continued increase in the contractionary pressure of global demand has also become an endogenous resistance to curb the global economic recovery.
Inflation and demand contraction pressure have increased the risk of stagflation in the global economy.
The endogenous power of world economic recovery is gradually being consumed, and the vulnerability of economic recovery has increased.
The continued spread of the epidemic and geopolitical conflicts have led to a rapid rise in global energy and food prices, and global inflationary pressures have continued to rise, which is testing the resilience of the global economic recovery.
The analysis suggests that in the short term, reducing the disruption of the epidemic to the economy and boosting demand through relevant policy stimulus are the external driving forces for the current world economy to maintain recovery.
In the long run, only by completely controlling the epidemic and eliminating the uncertainty of its impact on the economy can we ensure the stable recovery of the world economy.
At the same time, countries around the world should continue to strengthen cooperation and reduce conflicts in order to better ease the pressure on demand contraction and ensure a stable economic recovery.
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