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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. Germany and Italy values were noted as being 25-month lows. Select Regional Highlights. United States.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. That is a positive sign Of continued interest was that India and Thailand indexes (included in our highlights below) reflected the quickest rates of expansion. The S&P Global India Manufacturing PMI® reported a value of 56.4

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Declines Overall manufacturing activity across India declined in December after accelerating in November. The HSBC India Manufacturing PMI® ( renamed in December ) declined 1.1 India remains the hot spot for emerging market manufacturing economies.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The top three regions exhibiting PMI growth were noted as India, Australia and Thailand. Of continued concern, manufacturing powerhouses of Germany, Spain and Italy each remain at contraction level PMI values. Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. .

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. The decline in output was accompanied by a tick down in new orders as rising inventories have put the brakes on production.”. The S&P Global India Manufacturing PMI® posted a value of 55.7

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. Germany reportedly remained the worst performer while faster declines were reported for Italy , Spain and Ireland.