Thailand's manufacturing production index (MPI) in October rose 2.91% from a year earlier, the industry ministry said on Tuesday, following an easing of coronavirus restrictions.
thank you. let s get some of the day s other business stories. activity at china s factories has grown this month, for the first time since august. the purchasing manager s index was at 50.1 in november a figure above 50 indicates growth and that is up from 49.2 in october. like so many other countries the chinese economy has been hit by supply chain disruptions and an energy crisis in recent months. it s a very different story in south korea where factory output has shrunk at its fastest pace since may 2020. industrial output unexpectedly fell by 3%. analysts had been expecting zero point 4% growth. that s as the global semiconductor chip shortage continues to affect the south korean auto industry. you may have heard the news.
more at the grocery store and the gas pump. supply is simply not keeping up with demand, as consumers start to readjust to life after the pandemic. in a lot of ways, the economy is booming, though. cnn s economic correspondent christine romans walks us through what s happening here. boris and christi, an important gut check on u.s. economy, america s factories are humming, consumers are shopping and paychecks are fatter. let me show you, first, manufacturing, u.s. industrial output is racing ahead at a nearly two-year high. automotive bouncing back. factory output would have been stronger if not for hiccups in the global supply chain. corporate profits, enviable. big companies are navigating the supply chain woes, passing on higher costs to customers and even padding their profit margins along the way. the biggest companies have fatter profit margins today than
The Purchasing Managers’ Index (PMI), a key gauge of factory conditions, came in at 50.1 for the month, down from 50.5 in March, the National Bureau of Statistics said.