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German conditions worsen across manufacturing amid steep drop in new orders and surge in energy prices
The health of Germany's manufacturing sector took a further turn for the worse in September, latest PMI® survey data showed, with the downturn in new orders deepening and soaring energy prices driving up the rate of input cost inflation. Amid a further easing of supply-side constraints, the rate of decline in output was the weakest for three months in September. However, firms' expectations towards future production sank sharply to their lowest since May 2020, with rising stocks of finished goods and risks around energy supply each boding ill for growth prospects. The headline seasonally adjusted S&P Global / BME ... (full story)
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From pmi.spglobal.com|Oct 3, 2022Manufacturing output levels across France fell sharply in September, with the rate of decrease at its fastest since May 2020. The downturn was reflective of weakening demand as ...
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From pmi.spglobal.com|Oct 3, 2022Spanish manufacturers endured a challenging month during September, with output and new orders both declining against a backdrop of faltering demand and high inflation. Job losses ...
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From pmi.spglobal.com|Oct 3, 2022The euro area’s manufacturing sector fell deeper into contraction territory during September, latest PMI® data from S&P Global showed, due to further slides in both output and new ...
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From pmi.spglobal.com|Oct 3, 2022|1 commentSeptember saw the downturn in UK manufacturing output extend to three months, as companies cutback production in response to declining new order intakes. There was less positive ...
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- Posted: Oct 3, 2022 3:56am
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