Factories faced weaker demand, higher costs in July as Iran war grinds on
- Posted on August 3, 2026
- By Business News Today
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- 1 min read
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Factories faced weaker demand, higher costs in July as Iran war grinds on
In July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the European manufacturing sector also reported a slowdown, with output primarily resulting from existing backlogs.
