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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. in January from 49.7

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Source: S&P Global and Other Sources. Considerable weakness was noted for both Germany (a 38 month low) and Austria (a 39 month low) in July, both reporting the lowest PMI values in this sector.