CFLP: Global manufacturing PMI enters expansion zone in January

The global manufacturing Purchasing Managers' Index (PMI) finally returned to growth in January with the index standing at 51 for an on-month rise of 1.5 points, according to the latest data compiled by the China Federation of Logistics & Purchasing (CFLP). The global PMI had languished in contraction below the threshold of 50 for the prior ten months, as Mysteel Global had reported.

The January result indicated a noticeable improvement in global manufacturing activity, the federation observed. However, persistent global trade tensions and risks of geopolitical conflicts will continue to affect global trade flows, market confidence and supply chain stability, it warned. Global economic growth in 2026 is expected to remain largely