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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. The March report made specific mention of the impact of maritime disruption attributed to the diversion of ships from the Suez Canal as a result of Red Sea terrorist attacks. reflecting a 1.3

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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. Sustained Contraction in Japan The au Jibun Bank Japan Manufacturing PMI ® report for November was headlined with a sustained contraction in Japan’s manufacturing sector. The reported November value posted a six-month high value of 44.2, declined 0.4

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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. United Kingdom manufacturers additionally pointed to the ongoing Red Sea shipping crisis leading to added supply disruptions. Noted was a sustained rise in production levels and a further drop in backlogs of work.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

India led all other regions in overall PMI growth while Austria, Czechia and France were the bottom three contractionary conditions. The only country with positive PMI growth was Greece , while Germany, France and Austria PMI levels were the lowest, Austria being 43.0 and France being 43.1. The reported January value of 50.8