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Asia Manufacturing Outlook Marks Five-Year Low as Tariff Concerns Linger
Asia Manufacturing Outlook Marks Five-Year Low as Tariff Concerns Linger

Wall Street Journal

time2 hours ago

  • Business
  • Wall Street Journal

Asia Manufacturing Outlook Marks Five-Year Low as Tariff Concerns Linger

Sentiment among Southeast Asian manufacturers fell to its lowest level since the pandemic, with confidence slipping to a five-year low amid trade policy uncertainty and subdued demand. This came as the region's manufacturing sector saw its first rise in output since March. The Asean PMI gauge returned to expansion in July at 50.1, slightly above the neutral mark of 50.0, compared with 48.6 in June.

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