Asia factories grapple with high costs amid Israel-Hamas war
Many Asian countries reported pressures due to cost inflation, dwindling output and new orders. The data is not an encouraging sign for the global economy.
Source: indiatimes.com
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Top News In Factory Activity Today - Breaking & Trending Today
Turkish factory activity contracts in October, China teeter squeezes Asia
Factory activity in Türkiye contracted for a fourth consecutive month in October as firms struggled to secure new business and scaled back production, a...
Source: dailysabah.com
manufacturing activity: China's factory activity unexpectedly contracted in October
The official purchasing managers' index (PMI) fell to 49.5 in October from 50.2, dipping back below the 50-point level demarcating contraction from expansion. The reading missed a forecast of 50.2.
Source: indiatimes.com
Recovery falters as Chinese factory activity unexpectedly shrinks
China’s factory activity unexpectedly contracted in October, suggesting the economy remains on uneven footing, underlining the daunting task facing...
Source: dailysabah.com
Upbeat reading
India’s purchasing managers’ index slipped to 57.5 in September from 58.6 in August.
Source: livemint.com