Overview

• US manufacturing activity declined for the second consecutive month, with new orders dropping significantly.
• UK manufacturing rebounded, showing the highest optimism in over two years and strong production growth.
• Turkey's factory sector contracted further due to weak demand and high prices, affecting production and employment.
• China's manufacturing hit a two-year high, driven by strong domestic and global demand despite mixed official reports.
• Japan's factory activity expanded for the first time in a year, although growth remained modest with subdued demand.