Global manufacturing PMI data continues to signal weakness as we approach the end of the year. The latest figures point to ongoing challenges for manufacturers across various regions.

Key Observations

• The global PMI composite output index remains below the 50 mark, indicating contraction.
• New orders are declining, reflecting softening demand.
• Export orders are also showing signs of weakness, impacting international trade.

Regional Performance

Performance varies across different regions, with some areas experiencing more significant downturns than others. Developed economies generally show slower growth compared to emerging markets, although emerging markets are also facing headwinds.

Outlook

The outlook for the manufacturing sector remains uncertain, with concerns about global economic growth and trade tensions. Manufacturers are closely monitoring these developments and adjusting their strategies accordingly.