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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.

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Not up to Promethean Standards: Greeceā€™s Pharmaceutical Supply Chain is Worryingly Weak

Elementum

source: It Makes Sense Blog. Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist. Whether or not Greece stays in the Euro, its supply chain problems will continue to plague Greek citizens and countries that rely on Greek products. A Sisyphean Task.

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Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

Of particular note was commentary relative to supplier delivery times in June: ā€œ Suppliersā€™ delivery times lengthened for the first time in five months amid issues with shipping, port congestion and staff shortages at vendors. Greece experienced the highest PMI growth in the Euro sector followed by Spain and the Netherlands.

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Global Manufacturing Levels Continue Contracting in July 2024

Supply Chain Matters

Suppliersā€™ delivery times reportedly lengthened for the second consecutive month mainly as a result of ongoing global shipping disruptions. Further, the two prior strongest manufacturing output performers thus far in 2024, Greece and Spain , reportedly lost momentum in July.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting Indiaā€™s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. Commenting on the November data, Bennett Parrish, Global Economist at J.P. in November from 50.6

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

First it was the downturn in Southern Europe, followed by the economic crisis in Greece and now the devaluation of the Yuan. Here are some facts to consider as you build your case: 1) Market Volatility Has Never Been Higher. The hits keep on playing. The global economy is slowing, and volatility is rising.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

We view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks. Stronger performance was noted for Greece and Ireland , both reporting 24 and so month highs, respectively. Contrasting Reporting for U.S.