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. Noted in the November report was that the rates of decline in output and new orders were: “.less less aggressive when compared to the near two-and-one-half year records seen in October.”
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