Manufacturing resilient to Delta
Tag

emerging markets

Aug 25

Manufacturing resilient to Delta

By Press
FOR IMMEDIATE RELEASE MONTREAL, QC, August 25, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals manufacturing output remains resilient to the Delta wave of infections. After contracting 0.8% month-over-month in May, global factory output rebounded in June, rising 1.1%. Inflationary pressures eased somewhat in June, but remain elevated by historical standards. Global PPI inflation came in at 11% annualized, versus 20%+ over the 3 previous months.
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Jul 27

Global manufacturing normalizing

By Press
FOR IMMEDIATE RELEASE MONTREAL, QC, July 27, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals manufacturing output is normalizing into mid-2021. Worldwide factory output fell 1% in May, with production edging down in most region, owing to new COVID outbreaks and substitution towards contact services in countries with a high vaccine coverage. Despite weakening demand, inflationary pressures continued to build, with elevated commodity inflation lifting global producer prices by a staggering…
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Jun 29

Growth in manufacturing output eased in H1

By Press
FOR IMMEDIATE RELEASE MONTREAL, QC, June 29, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals manufacturing output continued to expand into the second quarter. Global manufacturing activity grew 3.5% annualized in H1, well above its long-term trend but not enough to satisfy booming demand for both consumer and investment goods. Capacity constraints have caused a run-up in global producer prices, up 14% annualized in April. Rising mobility should cause expenditure patterns…
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Apr 27

Global manufacturing recovered in March

By Press
FOR IMMEDIATE RELEASE MONTREAL, QC, April 27, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals factory output recovered in March as US factories normalized operating following severe winter storms in February.
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Jan 21

World manufacturing remains resilient as 2021 begins

By Press
FOR IMMEDIATE RELEASE MONTREAL, QC, January 21, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which shows factory output remains resilient to the second wave. World manufacturing expanded 0.6% MoM in November, in line with last month’s advance estimate, as factories were largely spared from tightened control measures at the consumer level.
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Dec 18

World manufacturing production nearing a standstill

By Press
FOR IMMEDIATE RELEASE MONTREAL, QC, December 18, 2020 (Press Release) – Numera's advance estimates for global manufacturing reconfirm growth is coming to a standstill. While prospects of mass vaccinations have improved the economic outlook for 2021, public health risks remain elevated in much of the Northern hemisphere. Our revised estimate for November reveals growth in factory output of 0.7% MoM (+0.8% YoY), considerably weaker than the 1.2% average pace of growth recorded over the three previous months. Output growth will…
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Nov 23

Global manufacturing slowing to a halt

By Press
FOR IMMEDIATE RELEASE MONTREAL, QC, November 23, 2020 (Press Release) – Numera's advance estimates for world manufacturing point towards a significant slowdown in Q4 factory output amid rising infection rates and declining mobility in advanced economies. Our revised estimate for October points to growth of 0.8% MoM (-0.2% YoY), as the recovery likely halted in countries experiencing a ‘second wave’. Our advance estimate for November reveals a 40% chance of contraction this month, with the most likely outcome being factory output…
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