Report

Manufacturing PMI falls to 41.3 in March, lowest since May 2009

- Print slightly worse than expected, consensus projected a decline to 42.5
- A sharp decline in output drives indicator downwards, staff levels lowest since September 2009
- Inventories decline, reflecting shutdowns and difficult access to raw materials
- Pessimism reaches highest point in series
- Deterioration likely to be stronger in April, given extended shutdowns
Provider
CEEMarketWatch
CEEMarketWatch

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