Global price pressures wane as manufacturing growth shows signs of cooling

The global manufacturing economy saw sustained improvement in June, albeit with output growth slipping to the weakest since last September. The headline JPMorgan PMI, compiled by IHS Markit, was unchanged at 52.6 in June, rounding off a solid second quarter. The survey also found input costs rising at the slowest rate for nine months as global price pressures continued to ease.

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