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Karachi, 2 June 2026: HBL’s Manufacturing PMI, compiled by S&P Global, rose to 50.9 in May 2026 from 49.9 in April. As a result, manufacturing activity returned to growth. However, the improvement looks fragile. Underlying trends still point to stagflation pressures. In addition, ongoing US–Iran tensions continue to weigh on …
Read More »HBL PMI: Manufacturing Rebounds as Cost Pressures and Global Risks Weigh on Outlook
