Remove 2022 Remove Inventory Remove Philippines Remove Sourcing
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Are Asian Economies Heading for a Bumpy Ride in 2022

20Cube Logistics

However markets recovered themselves in 2021 to greater extent and the economists are forecasting an expansion of that steady growth in the year 2022 as well. However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

The September 2022 J.P. The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Of particular concern, the New Orders sub-index declined more than 4 points, reaching a contraction value in September while the Inventories sub-index was 2.6 in September from a 51.7

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Philippines Retail Market 2022-2026

Vinculum

The retail market in the Philippines is at its pinnacle to attract a large crowd in terms of sales. The market has been monitored regularly in the Philippines and is expected to grow by $70.67 bn from 2022-2026 at a CAGR of around 11.68%. By Product. Food and beverages. Apparel and footwear. Personal and household care.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

The reality of this index is that global wide demand levels for products remain below those of 2022 as economically strained consumer remain very watchful of spending levels. The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. and the United Kingdom. percent increase in holiday spending.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels. increasing 3.2

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. Export business reportedly decreased for the second straight month and at the fastest rate since March 2022.