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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Noted in the report was that the February index drop “ was entirely driven by the largest economy of the single currency union, Germany, which registered its sharpest deterioration in four months.” This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam.

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Apple Product Event Provides Added Supply Chain News

Supply Chain Matters

However, there are price hikes involving certain model iPhone 15 phones sold in China , India and Japan to reportedly offset currency value changes related to the U.S. Pricing Strategy Relative to overall pricing business and industry media reports note that this year, Apple has avoided across the board price hikes in the U.S.