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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. reflecting a 1.3 import needs.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The S&P Global India Manufacturing PMI® rose to a level of 58.6

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. That is a positive sign Of continued interest was that India and Thailand indexes (included in our highlights below) reflected the quickest rates of expansion. The S&P Global India Manufacturing PMI® reported a value of 56.4

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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. United States Two indices of U.S.

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

15 countries, Austria, Canada, Chile, Denmark, Finland, Luxembourg, The Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay and Wales declared that they will collaborate towards realizing 100 percent zero emission new trucks and bus sales by 2040.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. The S&P Global India Manufacturing PMI® rose from an eight month low level of 55.5

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

Reportedly, with the exception of Greece , all other EU countries registered PMI declines, with Germany and Austria having the fastest rates of production declines. The S&P Global India Manufacturing PMI® however declined to a value of 57.5 average of the three months of Q3, declined 1.5 in September, reflecting a 1.1