Region – mfg recovery, but still modest
The regional mfg cycle is recovering, but gaps between official and S&P PMIs mean it is difficult to gauge strength. However, all surveys do point to a broad-based firming in input price inflation.
![Region – mfg recovery, but still modest](/content/images/size/w2000/2024/06/Region--PMI--Post-2013-z-score.png)
The regional mfg cycle is recovering, but gaps between official and S&P PMIs mean it is difficult to gauge strength. However, all surveys do point to a broad-based firming in input price inflation.