Economics
Global Manufacturing Shrinks Amid Wall Street Recession Warning
- PMI slips to lowest since 2012 as trade tensions fuel concern
- U.K. manufacturing shrinks most in almost three years
Japan’s PMI fell to 49.8 from 50.2 in April.
Photographer: Akio Kon/BloombergThis article is for subscribers only.
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Global manufacturing was the weakest since 2012 last month, a victim of mounting trade tensions and further reason to worry that the world economy is weakening.