The Asia-Pacific Manufacturing Outlook in 2021

The Asia-Pacific Manufacturing Outlook in 2021

From ihsmarkit.com

The Asia-Pacific manufacturing sector has shown a considerable upturn since the fourth quarter of 2020, with latest IHS Markit manufacturing PMI survey data showing strong momentum in many APAC economies in early 2021. With buoyant APAC GDP growth of 5.8% forecast for 2021, this is expected to underpin rapid expansion in manufacturing output this year. APAC manufacturing rebounds The manufacturing sector in many Asia-Pacific (APAC) economies has shown a significant rebound since September 2020, as lockdown measures have been significantly eased in many nations as domestic pandemics have been stabilized. While some ... (full story)

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