Asian Manufacturing Sectors Show Robust Growth
Asian Manufacturing Sectors Show Robust Growth
Asian Manufacturing Sectors Show Robust Growth
News summary

Manufacturing sectors across Asia showed robust growth in June, driven by strong demand and increased production despite persistent inflationary pressures. In India, the manufacturing PMI rose to 58.3, marking the fastest hiring rate in over 19 years. China's manufacturing activity also grew at its fastest pace in over three years, with the PMI at 51.8, despite challenges from rising material costs and weak market confidence. Similarly, Taiwan and South Korea reported their best manufacturing results in two years, with PMIs of 53.2 and 52.0 respectively, fueled by strong domestic and international demand. This growth in manufacturing sectors highlights a broader trend of recovering global industrial activity and trade.

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Taiwan, South Korea Factories Are Bustling the Most in Two Years
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Reuters
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GLOBAL ECONOMY Asia's factory activity expands in June on solid global demand
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Reuters
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China's factory activity rises at fastest pace in over 3 years, Caixin PMI shows
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Reuters
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S.Korea factory activity sees fastest growth in 26 months on rising demand
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Last Updated
46 days ago
Bias Distribution
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Story Coverage
Taiwan, South Korea Factories Are Bustling the Most in Two Years
alt
Reuters
Center
GLOBAL ECONOMY Asia's factory activity expands in June on solid global demand
alt
Reuters
Center
China's factory activity rises at fastest pace in over 3 years, Caixin PMI shows
alt
Reuters
Center
S.Korea factory activity sees fastest growth in 26 months on rising demand

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