China News Service, Beijing, June 6 (Reporter Ruan Yulin) According to data released by the China Federation of Logistics and Purchasing on the 6th, in May, the global manufacturing purchasing managers' index (PMI) was 53.5%, an increase of 0.3 percentage points from the previous month. The month-on-month decline trend for 2 consecutive months, but a year-on-year decrease of 3.7 percentage points, indicating that the global manufacturing growth rate has rebounded slightly from the previous month.
The global manufacturing PMI in May was 53.5%, an increase of 0.3 percentage points from the previous month, ending a two-month month-on-month decline, but a decrease of 3.7 percentage points from the same period last year and a decrease of 1.1 percentage points from the average in the first quarter of 2022.
In terms of sub-regions, in May, the manufacturing PMI of the Americas was 55.8%, an increase of 0.8 percentage points from the previous month, ending the downward trend for 2 consecutive months; the manufacturing PMI of Africa was 51.7%, an increase of 0.8 percentage points from the previous month, 2 consecutive months. The month-on-month increase; the Asian manufacturing PMI was 51.3%, an increase of 1 percentage point from the previous month, ending the trend of 5 consecutive month-on-month declines.
During the same period, the European manufacturing PMI was 54.2%, a decrease of 0.9 percentage points from the previous month, and the month-on-month decrease for 4 consecutive months.
The analysis believes that in May, the global manufacturing PMI increased from the previous month, but the index was lower than the average level of the same period last year and the first quarter, indicating that the global manufacturing growth rate rebounded slightly from the previous month, and the global economic growth rate initially stopped declining. Stable, but the recovery momentum still needs to be further consolidated, and the downward pressure has not been completely eliminated.
Inflationary pressures that continue to heat up, geopolitical conflicts that have not improved, and the impact of repeated epidemics continue to deplete the momentum of global economic recovery.
The analysis said that the economic recovery expectations of the world's major economic institutions continued to weaken.
The uneven situation of the global economic recovery is increasing, and the linkage between various economies is weakening.
The constant balance between economic recovery and fighting inflation and epidemic prevention and control has become a common problem faced by all countries in the world.
In the long run, global economies should abandon prejudice and continue to strengthen multilateral cooperation in order to ensure the stable recovery of the global economy.
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