Global manufacturing expands in June 2026 as PMI surveys show growth

June 2026 saw a broad rebound in manufacturing and services activity across major economies, according to a series of Purchasing Managers' Index (PMI) surveys. Japan’s services PMI rose to 52.2, ending a one‑month contraction, while its composite PMI reached 52.8. Canada’s manufacturing PMI edged up to 53.0, marking a third consecutive month of expansion despite supply‑chain delays linked to the Middle‑East conflict. Ireland reported a manufacturing PMI of 54.9, and Vietnam posted 51.8, both indicating continued output growth.

In the United Kingdom, the CIPS manufacturing PMI held at 52.5, showing resilience even as cost pressures ease with lower oil prices. China’s official manufacturing PMI registered 51.2, reflecting modest expansion driven by high‑technology output. The United States posted a sixth straight month of manufacturing growth, with the ISM PMI at 53.3 and the S&P Global PMI at 53.9, though price inflation eased sharply as energy costs fell.

France’s manufacturing PMI rose to 51.2, beating the flash estimate, but firms still faced transport‑related supply‑chain strains from the Iran war. Across the board, input‑price inflation remained elevated but showed signs of moderation, while firms continued to build inventories to hedge against further disruptions. The data suggest that, despite geopolitical tensions and cost pressures, global manufacturing activity remains in expansion territory.