Global manufacturing activity contracted for the first time this year in April, dragged down by shrinking orders and employment.
The JPMorgan Global Manufacturing Index decreased to 49.8 from 50.3 a month earlier as uncertainty around US trade and tariff policies weighed on demand and business expectations. Figures below 50 indicate contraction.
The future output index fell to the lowest level since October 2022 and has slid 4.5 points since President Donald Trump was elected in November.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
A gauge of factory output prices edged up to the highest since March 2023, according to the report. Input prices held steady in April but at a level considerably higher on average than in the prior two years.
Meanwhile, new orders contracted for the first time since December, and a measure of export orders fell by 2.8 points. That was the biggest drop since March 2022, consistent with the slowdown in global manufacturing activity. At 47.2, the gauge is the weakest since August 2023.
Manufacturers are responding to changing demand and supply conditions by trimming headcounts. The measure of global factory employment contracted for the ninth consecutive month, the longest such stretch since the pandemic.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.