Deselect Platform Choice
 
Australia
Belgium
China
France
Germany
Greece
India
Ireland
Italy
Kuwait
Luxembourg
Netherlands
New Zealand
Portugal
Spain
Sweden
Switzerland
United Arab Emirates
United Kingdom
United States
Demand & Supply Chain Management Evolution About  |  How to publish  |  Contacts  |  Newsletter
News | Associations | Education | Job | Agenda | Topics | Insight | Resources
  Automotive       Chemicals & Pharmaceuticals       Electrical, Electronics & Home Appliances       Food & Beverage       Retail       ...  


Macroeconomic Trends
Main |  World |  Countries |  Sectors & Industries     

World


Global Manufacturing PMI

J.P.Morgan - IHS Markit



  Last update  
  2 Feb 2018  
   Global  
  Global manufacturing growth remains solid at start of 2018  
 
Abstract

The global manufacturing sector made a positive start to 2018, with rates of growth in output and new orders staying close to highs reached before the turn of the year. At 54.4 in January, the J.P.Morgan Global Manufacturing PMI™ – a composite index produced by J.P.Morgan and IHS Markit in association with ISM and IFPSM – was only a tick below December’s near seven-year record.

Please note that a later than usual release date meant final PMI data were not available for Malaysia. The annual review of the global PMI weights has also been implemented, resulting in minor revisions to the time series back histories from 2013 onwards.

The upturn remained broad-based, with growth signalled in the consumer, intermediate and investment goods industries and across almost all of the nations covered by the survey. The sole exception was Indonesia, where operating conditions were broadly stagnant during January.

The euro area remained the principal growth engine of global manufacturing expansion during January. Although the eurozone PMI slipped to a three-month low, from December’s record high, solid expansions were still registered across all of the nations within the currency union covered by the survey.

The US PMI improved to a 34-month high. Accelerations were signalled in Mexico and Canada, while Brazil saw further expansion (albeit slower than December).

Asia manufacturing also fared well, with rates of expansion picking up in Japan, Taiwan, Vietnam, Thailand and Myanmar, and holding steady in China. South Korea returned to growth following a minor contraction at the end of 2017.

Growth of global manufacturing production was underpinned by rising new order volumes. Inflows of new work continued to test capacity, leading to rising backlogs of work and encouraging further job creation.

Employment rose in almost all of the nations covered, the exceptions being China, Indonesia, South Korea, Russia and Thailand. To meet rising output needs, firms also increased their purchasing activity to the greatest extent in almost seven years.

Rates of increase in input prices and output charges both accelerated during January. Selling price inflation was the second-highest in 80 months, bettered only during that sequence by November of last year. The pick-up in cost inflation was only minor, as stronger input price increases in the euro area, Japan, the UK and South Korea were largely offset by decelerations in the US and China.

 

 

 
     
  Country/Area Index Source Link  
  Global J.P.Morgan Global Manufacturing PMI IHS Markit  
             

 





Last update 2 Feb 2018
PMI remains elevated at start of 2018
   Source: Investec Manufacturing PMI Ireland  -  IHS Markit
Ireland 

 
           Circular Economy     Industry 4.0     Block Chain 

     Internet of Things     Omni Channel 



News & Trends
 

Retail

The retail sector is always on the move. Whether this involves shopping centres, shops in inner city locations or at airports – trends change very quickly and the goods change just as rapidly too. To keep up with these developments, highly complex and process driven supply chains are needed. With our...


MADEL - Roadmap to Industry 4.0: Planning & Scheduling in the personal & home care industry

Established in 1977 Madel Spa, is a leading Italian manufacturing company specialized in products for home & personal care. Madel’s mission is the capability to create high-quality and environmentally sustai...

   

Education
 

Local & Regional Agenda
 


Resources
 
HOYER: Future-Proofs System for Managing Intermodal Rail, Road, and Sea Transport to Meet High Growth Potential

HOYER is an independent family enterprise that dates back to 1946, and which has become one of the world’s leading bulk-logistics providers, offering comprehensive transport services and complex logistics soluti...

Reshaping The Interface Between Marketing And Operations In Globalizing Furniture Supply Chains

Over the past few decades, international fragmentation of production and offshore outsourcing have remarkably altered the organization of Western supply chains. Particularly in low-tech, manufacturing sectors, the fast s...


International Agenda