ASEAN manufacturing index slips to 11-month low in May: S&P Global - Fibre2Fashion Sponsored Join Our Exclusive Free Webinar on Strategic Intelligence for Apparel Sourcing Leaders | Register Now Source innovative home textile products and t
- Fibre2Fashion
Sponsored
Join Our Exclusive Free Webinar on Strategic Intelligence for Apparel Sourcing Leaders | Register Now
Source innovative home textile products and trends at Intertextile Shanghai Home Textiles 2026 | Explore More
Connect with global textile professionals at Intertextile Shanghai | Register Today
Source sustainable performance fabrics and innovations at Functional Fabric Fair | Register Now
Intelligence
TexPro
F2F Prime
News
Trade Fairs & Events
Marketplace
Marketing Solutions
Digital Advertisement
Print Advertisement
Webinar Marketing
Media Booster
Magazine Subscription
Articles
Advertise with Us
Sign In
All Categories
Articles
News
Buyers
Suppliers
Trade Fairs
Interview
Market Intelligence
F2F Prime
For You
Textiles
Apparel
Fashion
Retail
E-commerce
Technology
Sustainability
Chemicals
Technical Textiles
News
Flash
India’s headline inflation may be contained in coming months: Govt
Several nations agree to make energy efficiency basis of energy policy
South Korean apparel imports up 1% to $4.8 bn in January-May 2026
Turkiye's economic confidence index rises 1.8% in June 2026
ASEAN manufacturing index slips to 11-month low in May: S&P Global
Textiles
ASEAN manufacturing index slips to 11-month low in May: S&P Global
02 Jul '26
2 min read
Pic: Generated by ChatGPT
Insights
ASEAN's manufacturing PMI fell to 50.5 in June from 51.5 in May, marking the weakest improvement since July 2025.
New orders and output rose more slowly, while new export orders declined at a faster pace.
Input cost inflation eased notably and selling-price inflation slowed slightly, relevant for sourcing cost discussions.
Confidence slipped to a three-month low, though firms remained
ASEAN manufacturing growth lost momentum in June, with the S&P Global ASEAN Manufacturing Purchasing Managers’ Index (PMI) easing to 50.5 from 51.5 in May, according to S&P Global data. The reading signalled only a marginal improvement in operating conditions and the weakest upturn since July 2025.
The slowdown matters for sourcing and production planners because the two main PMI components softened. Output increased only marginally, matching April as the joint-softest rise in the current 12-month growth run, while new orders also expanded at a weaker pace. New export orders fell strongly and at a faster rate, S&P Global said in a press release.
As per the data collected from June 11-24, 2026, the purchasing volumes rose modestly for an eleventh month, but employment remained weak, with staffing levels down in each month of the second quarter. Supplier delivery times continued to recover, lengthening to the weakest extent in ten months, while stocks of inputs and finished goods were reduced again.
ASEAN's manufacturing PMI fell to 50.5 in June from 51.5 in May, marking the weakest improvement since July 2025.
New orders and output rose more slowly, while new export orders declined at a faster pace.
Input co
