ECONOMY

PMI Review – Supply Shortage Weighs On Global Output; Price Pressures To Sustain: Systematix

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

A slippage in August 2021 global manufacturing Purchasing Managers’ Index suggests a modest fall in global output.

Among the G-20 economies, manufacturing PMI in the U.S. and Europe remained expansionary but contracted sharply in key Asian economies as the rising incidence of the Covid-19 Delta variant disrupted production activities.

The production downturn in Asian economies has led to supply shortages, especially in the U.S. and Europe, and strong demand conditions have led to a rise in input prices.

Continued demand-supply disparity (strong demand conditions in Western economies and disruptive manufacturing activities in Asian economies) due to differing vaccination rates and rising freight costs would further intensify price pressures in FY22.

Click on the attachment to read the full report:

Systematix PMI Review.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
usnewsmail Governmental News Finance News

Source link

Back to top button