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Transcripts For BBCNEWS World Business Report 20240706



slower demand for consumer goods, rising borrowing costs and constant talk of a global recession, have not gone unnoticed by the manufacturing sector, which is currently experiencing acute challenges balancing supply and avoiding over production. january data from many of the world s key economies will be unveiled later giving the earliest signs of how the global economy is faring. many economists will be looking for risks of recession and any pricing trends. fhaheen khan is senior economist with make uk the manufacturers organisation that represents 20,000 companies of all sizes. good to have you on the programme. wejust heard good to have you on the programme. we just heard from japan and you said many countries are coming out with pmi data say showing that the manufacturing shrank for a third row that make months in a row injapan. export third row that make months in a row in japan. export weakness is seen as persistent at the moment and that is the concern, isn t it ....

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Transcripts for BBCNEWS World Business Report 20240604 05:32:00

Pmi data say showing that the manufacturing shrank for a third row that make months in a row injapan. export third row that make months in a row in japan. export weakness is seen as persistent at the moment and that is the concern, isn t it, right now? we moment and that is the concern, isn t it, right now? isn t it, right now? we see specifically isn t it, right now? we see specifically from isn t it, right now? we see specifically from the - specifically from the perspective of the uk over the last year also the manufacturing sector activity has been so it slowing down in the context of production because of access to input and raw material has been difficult but also rising inflation making it more difficult to actually get production through the line. also a demand slowing down, notjust because of the cost of living crisis that has made it more difficult for people to afford things and what we are seeing our expectations from members right now is that the start of this year ....

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