Wahyu Dwi Anggoro
Production rose in just 13 of the 30 nations for which December PMI data were available.
India reported the strongest expansion of output, followed by the Philippines, Spain, Greece, Taiwan and Canada. The solid performances of Greece and Spain bucked the trend
of the wider eurozone manufacturing sector, where the rate of contraction was on average the steepest for 14 months.
France, Germany and Austria saw the sharpest declines of all the nations covered. Steep downturns were also registered in the US and the UK, with rates of contraction hitting 18- and 11-month records respectively. Production fell slightly in Japan but registered a mild uptick in China.
(Wahyu Dwi Anggoro)
