article thumbnail

Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. Observed was that manufacturing conditions across Greece have improved to the sharpest extent in two years. along with Vietnam, Thailand and Indonesia.

article thumbnail

Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The August data indicated that Greece and Ireland were the only two countries to record production improvements during August. Reportedly business optimism has dipped to its lowest levels during the past nine months.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

From our lens, this trend is mainly an indicator of seasonal holiday related demand and spending for the traditional holiday quarter. Italy’s manufacturing sector reportedly intensified while Greece and Ireland logged manufacturing growth in November. Similar to October, November’s reporting clearly reinforces this ongoing trend.

article thumbnail

Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain. The trending likely involves industry-specific dimensions, a good example being high tech and consumer electronics supply network resiliency needs. PMI value in February, the eighth consecutive month of contraction reporting.

article thumbnail

Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

Reportedly Greece was the only member state to register an improvement in operating conditions. The report noted that the May value represented “ the seventh month of contraction and a continuation of a downward trend that began in June 2022.” and noted as the lowest value in three years. for May, 0.2 percentage points below the 47.1

article thumbnail

Doing Business in Turkey

QAD

Its borders consist of Bulgaria, Georgia, Greece, Syria, and the Aegean and Mediterranean Seas. Since its founding, Turkey has dealt with instability and military coups, although each time, the country returns to democracy. Its latest constitution was adopted in 1982. The country is located in southeastern Europe and southwestern Asia.

Turkey 98
article thumbnail

November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

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. The combination of September, October, and now November PMI trending continue to reinforce that global supply chain activity levels are now clearly at contraction levels.