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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The August data indicated that Greece and Ireland were the only two countries to record production improvements during August. Further reported was the fastest uptick in new orders since January 2021.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

Factory orders reportedly increased to the greatest extent since January of 2021, while May data reportedly indicated a sharp and accelerated rate of material purchases. Reportedly Greece was the only member state to register an improvement in operating conditions. in May, one percentage point below the 45.8 value in April.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain. In December output growth achieved a 13 month high, the fastest rate in new orders since February 2021. Manufacturing output volumes reportedly stabilized, after an eight month run of contraction.