The HALPIM Manufacturing PMI rose to 50.7 in July 2025 from an upwardly revised 49 in the previous month. Most sub-indices showed improvement, with eight of them now in the recovery range. Notably, the sub-index for new orders jumped by 5.2 points, while production rose by 1.6 points. The employment index also rose this month, signaling a recovery after two consecutive months of contraction.