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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

India again led all other regions, while Germany and Austria remain at highest levels of PMI contractionary levels. Stronger performance was noted for Greece and Ireland , both reporting 24 and so month highs, respectively. Business confidence levels remained positive, reportedly staying close to January’s nine-month high.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Austria was indicated as the worst performer, followed by Germany and France. Italy’s manufacturing sector reportedly intensified while Greece and Ireland logged manufacturing growth in November. Growth was reportedly fueled from demands in medicine, high tech, auto, railway, shipping and aerospace equipment markets.