MLBKT: the purchasing manager index continued to rise

This year’s value is above the 52.6-point long-term July average and above the 51.0-point average of the past three years.
Among the sub-indices, the volume of new orders and the volume of production continued to show a dynamic increase, the volume of inventories purchased almost maintained the strong growth rate of the previous month, and the employment sub-index also lost only minimally from the rate of increase. (MTI)