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Manufacturing activity at 3-month high in May despite cost woes
India's manufacturing sector saw strong growth in May, reaching a three-month high. Demand remained steady, boosted by infrastructure projects and new business. Output increased, and new orders grew fastest since February. While cost pressures intensified, input cost inflation eased slightly. Job creation continued, and businesses are optimistic about future growth.
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supplychaindive.com
US manufacturing expands to highest level since May 2022: PMI
“Companies are still holding back because of uncertainty, but they’re holding back less," Susan Spence, chair of ISM’s Manufacturing Business Survey Committee, said during a media…
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channelnewsasia.com
Japan's factory growth slows as cost pressures surge, PMI shows
TOKYO, June 1 : Japan's manufacturing sector expanded in May at a slightly slower pace, as record export order growth was offset by surging costs driven by the Middle East war and…
