{"id":430042,"date":"2026-05-01T20:40:18","date_gmt":"2026-05-01T13:40:18","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/global-manufacturing-pmi-for-april-53-3-versus-50-0-last-month\/"},"modified":"2026-05-01T20:40:18","modified_gmt":"2026-05-01T13:40:18","slug":"global-manufacturing-pmi-for-april-53-3-versus-50-0-last-month","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/global-manufacturing-pmi-for-april-53-3-versus-50-0-last-month\/","title":{"rendered":"Global manufacturing PMI for April 53.3 versus 50.0 last month"},"content":{"rendered":"<div>\n<ul>\n<li>Prior month 50.0<\/li>\n<\/ul>\n<p>Details from S&amp;P Global:<\/p>\n<p data-section-id=\"1rjh33o\" data-start=\"136\" data-end=\"175\">Growth components (demand &amp; output)<\/p>\n<ul data-start=\"176\" data-end=\"516\">\n<li data-section-id=\"1jrwfqv\" data-start=\"176\" data-end=\"237\">PMI: 53.3 (from 50.0) \u2013 strongest since June 2022\n<\/li>\n<li data-section-id=\"qy6d5\" data-start=\"238\" data-end=\"303\">Output: Strong increase \u2013 fastest pace since May 2022<\/li>\n<li data-section-id=\"1y8tzdx\" data-start=\"304\" data-end=\"366\">New orders: Sharp rise \u2013 strongest in over 4 years<\/li>\n<li data-section-id=\"negjaf\" data-start=\"367\" data-end=\"430\">Export orders: Solid growth \u2013 best since early 2022<\/li>\n<li data-section-id=\"h21vrh\" data-start=\"431\" data-end=\"516\">\n\u26a0\ufe0f Growth largely driven by stockpiling \/ inventory building, not pure demand\n<\/li>\n<\/ul>\n<p data-section-id=\"1sxka0y\" data-start=\"523\" data-end=\"551\">Inventories &amp; purchasing<\/p>\n<ul data-start=\"552\" data-end=\"791\">\n<li data-section-id=\"1j3jji4\" data-start=\"552\" data-end=\"610\">Input buying: Jumped \u2013 fastest since June 2022<\/li>\n<li data-section-id=\"1qquj6p\" data-start=\"611\" data-end=\"657\">Input inventories: Slight increase<\/li>\n<li data-section-id=\"16bmz5y\" data-start=\"658\" data-end=\"727\">Customer inventories: Being rebuilt (clients securing supply)\n<\/li>\n<li data-section-id=\"v12th\" data-start=\"728\" data-end=\"791\">\n\ud83d\udd11 Key driver: fear of shortages and higher future prices<\/li>\n<\/ul>\n<p data-section-id=\"et1reg\" data-start=\"798\" data-end=\"825\">Supply chain conditions<\/p>\n<ul data-start=\"826\" data-end=\"1094\">\n<li data-section-id=\"frmntl\" data-start=\"826\" data-end=\"919\">Vendor delivery times: Worsened sharply\n<ul data-start=\"880\" data-end=\"919\">\n<li data-section-id=\"1jljig4\" data-start=\"880\" data-end=\"919\">\nLongest delays since March 2025<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"v8ahhn\" data-start=\"920\" data-end=\"1024\">\nIssues tied to:<\/p>\n<ul data-start=\"940\" data-end=\"1024\">\n<li data-section-id=\"2mxy7k\" data-start=\"940\" data-end=\"966\">Middle East conflict<\/li>\n<li data-section-id=\"1p5fhpg\" data-start=\"969\" data-end=\"1024\">Shipping disruptions (especially maritime routes)<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"10rkqel\" data-start=\"1025\" data-end=\"1094\">\n\ud83d\udd34 Ongoing supply chain stress (22 straight months of delays)<\/li>\n<\/ul>\n<p data-section-id=\"1t6fyrj\" data-start=\"1101\" data-end=\"1133\">Prices (inflation pressures)<\/p>\n<ul data-start=\"1134\" data-end=\"1447\">\n<li data-section-id=\"1ukrfd8\" data-start=\"1134\" data-end=\"1282\">Input prices: Surged \u2013 largest increase in 3.5+ years\n<ul data-start=\"1206\" data-end=\"1282\">\n<li data-section-id=\"1knou1n\" data-start=\"1206\" data-end=\"1246\">\nDriven by fuel and freight costs<\/li>\n<li data-section-id=\"1i9snfu\" data-start=\"1249\" data-end=\"1282\">Tariffs also contributing<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"hw3bbx\" data-start=\"1283\" data-end=\"1388\">Output prices (selling prices):\n<ul data-start=\"1325\" data-end=\"1388\">\n<li data-section-id=\"5ktvl4\" data-start=\"1325\" data-end=\"1388\">\nFirms raised prices at the fastest pace since late 2022<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"rkmudy\" data-start=\"1389\" data-end=\"1447\">\n\ud83d\udd25 Clear inflation pressure building in the pipeline<\/li>\n<\/ul>\n<p data-section-id=\"l5sxb8\" data-start=\"1454\" data-end=\"1479\">Employment &amp; capacity<\/p>\n<ul data-start=\"1480\" data-end=\"1654\">\n<li data-section-id=\"1adakke\" data-start=\"1480\" data-end=\"1542\">Employment: Slight increase (3rd gain in 4 months)\n<\/li>\n<li data-section-id=\"sm1pis\" data-start=\"1543\" data-end=\"1604\">\nHiring cautious:<\/p>\n<ul data-start=\"1564\" data-end=\"1604\">\n<li data-section-id=\"15xxzkp\" data-start=\"1564\" data-end=\"1604\">\nSome firms not replacing leavers<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"h29mdl\" data-start=\"1605\" data-end=\"1654\">\nReflects:<\/p>\n<ul data-start=\"1619\" data-end=\"1654\">\n<li data-section-id=\"3wjilk\" data-start=\"1619\" data-end=\"1654\">Growth vs uncertainty tension<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p data-section-id=\"1dtx78x\" data-start=\"1661\" data-end=\"1693\">Business sentiment \/ outlook<\/p>\n<ul data-start=\"1694\" data-end=\"1880\">\n<li data-section-id=\"h1lrs6\" data-start=\"1694\" data-end=\"1745\">Confidence: Improved to a 16-month high<\/li>\n<li data-section-id=\"d4lw5f\" data-start=\"1746\" data-end=\"1793\">\nFirms expect:<\/p>\n<ul data-start=\"1764\" data-end=\"1793\">\n<li data-section-id=\"l1kwbm\" data-start=\"1764\" data-end=\"1793\">Stronger demand ahead<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"5kle5e\" data-start=\"1794\" data-end=\"1880\">\nBut concerns remain:<\/p>\n<ul data-start=\"1819\" data-end=\"1880\">\n<li data-section-id=\"68eejc\" data-start=\"1819\" data-end=\"1837\">Rising costs<\/li>\n<li data-section-id=\"1h4r9o5\" data-start=\"1840\" data-end=\"1853\">Tariffs<\/li>\n<li data-section-id=\"13nbio6\" data-start=\"1856\" data-end=\"1880\">Supply chain risks<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p data-section-id=\"96izkj\" data-start=\"1887\" data-end=\"1911\">Big picture takeaway<\/p>\n<ul data-start=\"1912\" data-end=\"2076\" data-is-last-node=\"\" data-is-only-node=\"\">\n<li data-section-id=\"gapnkn\" data-start=\"1912\" data-end=\"1949\">Growth is back, but not clean<\/li>\n<li data-section-id=\"p7hrse\" data-start=\"1950\" data-end=\"2012\">\nDriven by defensive stock-building, not organic demand\n<\/li>\n<li data-section-id=\"12w2wic\" data-start=\"2013\" data-end=\"2076\" data-is-last-node=\"\">Inflation + supply chain stress = key risks going forward<\/li>\n<\/ul>\n<p>The USDCAD was trading near session lows at 1.3555 ahead of the report. <\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior month 50.0 Details from S&amp;P Global: Growth components (demand &amp; output) PMI: 53.3 (from 50.0) \u2013 strongest since June 2022 Output: Strong increase \u2013 fastest pace since May 2022 New orders: Sharp rise \u2013 strongest in over 4 years Export orders: Solid growth \u2013 best since early 2022 \u26a0\ufe0f Growth largely driven by stockpiling [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-430042","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=430042"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430042\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}