HBL Manufacturing PMI Returns to Growth in May Amid Stagnant Production and Rising Middle East Tensions
The HBL Manufacturing PMI compiled by S&P Global ticked up to 50.9 in May 2026, but underlying data reveals stagflation risks and record low business confidence due to regional geopolitical conflicts.
HBL Pakistan Manufacturing PMI Signals Mild Contraction Amid Emerging Green Shoots
The HBL Manufacturing PMI for October indicates a slight contraction in Pakistan’s manufacturing sector, with easing cost pressures and improving business confidence pointing to potential green shoots in the coming months.