Global manufacturing sector PMI stands at 52.3% in June

A worker operates at a factory of Harbin Boiler Co., Ltd. of Harbin Electric Corporation in Harbin, northeast China's Heilongjiang Province, April 14, 2022. (Photo: Xinhua)

The Purchasing Managers' Index (PMI) for the global manufacturing sector stood at 52.3 percent in June, indicating a weakening of the global economic recovery, the China Federation of Logistics and Purchasing (CFLP) said on Wednesday.