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Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

The April report was headlined with India’s manufacturers increasing input inventories to near record pace to prepare for increased output. Other Asian Nations The S&P Global ASEAN Manufacturing PMI is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Added Signs of Global Manufacturing Upturn in May

Supply Chain Matters

These investments include supplier order commitments, inventory building and capital expenditures. Other Asian Nations The S&P Global ASEAN Manufacturing PMI ® is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar , the Philippines, Singapore, Thailand , and Vietnam. compared to an April value of 42.5.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia.

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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 bottom three were listed as Poland , Taiwan and Myanmar. . The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. Select Regional Highlights. United States.

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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. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

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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 inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. Reportedly business optimism has dipped to its lowest levels during the past nine months.