June manufacturing PMI at 14-month high of 58.4 driven by export orders

June 2025 Manufacturing PMI: This marks a significant turnaround in manufacturing after PMI dipped to a three-month low in May

Export orders drive manufacturing growth in June

New export orders saw their third-highest growth rate since the survey’s inception in 2005, with more orders from the US in June, the report said. Export order growth was seen across all product categories, including consumer, intermediate, and capital goods.

 

Meanwhile, output volumes also rose at the quickest pace since April 2024, but growth was not evenly distributed across sectors. Intermediate goods producers led growth in terms of volume, while the consumer and capital goods sectors saw moderate growth. The upswing in new orders was driven by marketing initiatives and increased export sales, the survey showed.