November 2022 PMI Indices Point to Further Global Wide Production Contraction
Supply Chain Matters
DECEMBER 1, 2022
At the country level, Italy , Greece and France bounced back to 4-month, 2 month, and 3-month highs but remained in production contraction levels. Overall year-to-date growth of 3 percent is reportedly well below the established government target of 5.5 Manufacturing output numbers reportedly fell for a sixth straight month.
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