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Factories faced weaker demand, higher costs in July as Iran war grinds on
In July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the European manufacturing sector also reported a slowdown, with output primarily resulting from existing backlogs.
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cryptobriefing.com
China's manufacturing activity contracts for first time in five months as export demand weakens
China's manufacturing PMI fell to 49.2 in July, its first contraction in five months, as export orders weakened and stimulus signals stayed
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straitstimes.com
Global manufacturing impacted by war and costs
Discover how the ongoing Middle East war is affecting global manufacturing, causing weaker demand and higher costs for key exporting nations. Read more at straitstimes.com. Read…
