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PMI for Eurozonen: Tæt på Goldilock, med aftagende inflation og bedre erhvervstillid

Morten W. Langer

mandag 02. januar 2023 kl. 17:25

PMI erhvevstillid fra S&P Global – læs hele meddelelsen her:

“A second successive monthly cooling in the rate of loss of
factory output brings some cheer for the beleaguered
manufacturing sector as we start the new year. The
number of optimists regarding the year ahead has also
now exceeded pessimists for the first time since August,
hinting at a steady improvement in business confidence.

“Prospects have brightened amid signs of healing supply
chains and a marked softening of inflationary pressures,
as well as a calming of concerns over the region’s energy
crisis, thanks in part to government assistance. Hence the
supply chain and inflation headwinds facing businesses
have moderated from the heightened state of alarm seen
in the autumn.

“The brighter news is tempered, however, by the ongoing
weakness of demand, with inflows of new orders
continuing to fall at a far faster rate than companies are
reducing output, suggesting that manufacturers will have
to cut production sharply further in coming months unless
demand revives soon. With the global economic backdrop
darkening and eurozone interest rates rising again in
December, risks to the demand outlook remain skewed to
the downside.

“As for the year ahead, in addition to watching for potential
fiscal and monetary policy changes, high on the list of
issues for manufacturers to watch as we head into 2023
will be the impact on supply chains and commodity prices
from the changing response to COVID-19 in China, as well
as the possibility of sharply changing energy prices amid
the changing geopolitical situation, with the Ukraine-Russia
war remaining the key threat to stability in the
region.”

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