Pace of global manufacturing recovery eased in June as growth of new orders and output slowed

Growth of the global manufacturing sector eased again in June.  At 55.0, the JPMorgan Global Manufacturing PMI (Purchasing Managers’ Index) was down further from the near record high reached in April. Although the rate of improvement eased to its weakest in the year-to-date, it was still solid and above the series average.

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