Global manufacturing PMI at 23-month low as slowdown continues
Jul 4th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The JPMorgan Global Manufacturing PMI (Purchasing Managers' Index) fell to 52.3 in June, down from 53.0 in May and well below February's near-series record high. The latest manufacturing reading was the weakest since July 2009, the first month of the current two-year period of recovery.