Latest News Stream - Manufacturing Pmi

The S&P Global UAE PMI edged down to 54.8 in October 2026 from 55.3 in September, but remained indicative of a solid improvement in non-oil private sector activity. Output continued to expand strongly, while new order growth accelerated, supported by stronger domestic and foreign demand. New export orders rose at the fastest pace in exactly two years. Meanwhile, input cost inflation accelerated to its highest level since June 2022, driven by higher prices for raw materials, fuel, energy, freight and rents. Firms passed on rising costs, pushing output price inflation to its highest level since the survey began in August 2009. Employment fell fractionally for the third time in five months as some firms sought to contain costs, while backlogs of work continued to increase amid strong demand. Business confidence nevertheless improved to its highest level since January, supported by expectations of robust demand and improving regional conditions.

The S&P Global Hong Kong SAR PMI rose to 50.2 in October 2026 from 49.2 in September, moving back above the 50 no-change mark and signaling the first expansion in private-sector activity in three months. The recovery was supported by a marginal increase in new orders, ending a two-month contraction, while new business from mainland China expanded at its fastest in eight months. New export orders also rose for the second straight month, although growth slowed. Firms raised purchasing activity and input stocks, while supplier delivery times shortened for the first time in six months. Meanwhile, employment fell for a seventh month, but job cuts eased from September’s six-and-a-half-year record. Purchase cost inflation accelerated to a five-month high and one of the steepest rates in five years. Higher input and fuel costs also pushed selling prices higher. Lastly, business confidence fell to its lowest since August 2020, amid concerns about economic conditions and geopolitical tensions

The S&P Global Mexico Manufacturing PMI fell to 49.5 in October 2026 from 50.3 in September, slipping below the neutral 50.0 mark and signaling a marginal deterioration in the sector. Factory output fell at the fastest pace in six months, extending the downturn that began in July 2024. New orders increased for a sixth consecutive month, but growth was marginal and the weakest in this period. Employment declined at the fastest rate since May, while purchasing activity contracted for a third month. Pre-production inventories fell for a thirteenth consecutive month, while finished goods stocks edged higher. Input cost inflation accelerated to a three-month high, but selling price inflation slowed to its weakest pace since April. Business confidence improved on expectations of recovering demand and higher investment. New export orders also returned to growth.

Colombia’s Davivienda Manufacturing PMI fell to 51.7 in October 2026, the lowest reading since April, from 54.6 in September and below market expectations of 54.2. Still, the figure remained above its long-run average. Output rose at a modest pace, the slowest since July, as new business supported activity, while weak demand for some products and earthquake-related disruptions, particularly to transport, limited expansion. New orders increased for a nineteenth consecutive month, although at the softest rate since May. Employment declined for the first time in seven months, as firms cited cash-flow difficulties, layoffs, earthquake disruptions and a shortage of skilled labor. Input cost inflation rose to a three-month high amid higher transport costs, unfavorable exchange rate movements and rising supplier prices. Firms passed this on to clients, with selling price inflation faster than in September. Purchasing continued to rise, and confidence remained optimistic.

The S&P Global Brazil Manufacturing PMI rose to 46.1 in October 2026, from 44.8 in September, but remained considerably below the neutral 50.0 mark. Production fell for the sixth consecutive month, while new orders declined for the nineteenth month in a row. Although the pace of contraction eased, it remained the second sharpest in three and a half years. Export orders also fell at the start of the final quarter amid weak global demand and rising prices, although the decline was the softest since July. Employment in the manufacturing sector edged down, with some companies filling full-time vacancies while others cut jobs. Cost pressures eased across all three monitored manufacturing categories but remained elevated. Brazilian manufacturers raised selling prices to pass on some of these higher costs, with output price inflation matching September’s rate. Meanwhile, business confidence reached its highest level in nine months.

The S&P Global Egypt PMI remained unchanged at 47.2 in October 2026, signaling a contraction in non-oil private sector activity for the tenth consecutive month. Output and new orders both declined at their fastest rates in four months, as weak client demand, reduced purchasing power, and ongoing Middle East conflict weighed on business activity. Employment also returned to contraction, ending a two-month period of job creation, while backlogs of work fell for the first time since January. Meanwhile, input cost inflation accelerated to a five-month high, driven by higher prices for imported materials, energy, and shipping, as well as currency depreciation. Consequently, firms raised selling prices at the fastest pace since June to pass on higher operating costs. Looking ahead, business confidence weakened further to a seven-month low, with firms expressing concerns over persistent inflation, geopolitical tensions, and supply chain disruptions.

The S&P Global Philippines Manufacturing PMI edged down to 49.1 in October 2026 from 49.6 in September. This marked a second consecutive month of contraction amid continued reduction in both output and new orders. While output fell at a slower pace, the decline in new orders deepened, with some firms citing weak demand and hot weather, which some panelists linked to El Niño. New export orders also remained in contraction. Manufacturers further scaled back purchasing activity, with the latest reduction being the sharpest in 11 months. Employment also decreased for a second month, though firms kept on top of workloads, with backlogs falling. Vendor performance deteriorated for an 11th time in as many months. Pre-production inventories were steady after September's decline, while stocks of finished goods rose marginally for the first time in 4 months. Nonetheless, confidence rebounded to a near two-year high. Price pressures eased, with input costs rising at the slowest pace in 8 months.

US manufacturing activity continued to expand in October, although the S&P Global Manufacturing PMI was revised down to 54.9 from an initial estimate of 56, compared with 55.9 in September. Output increased for a seventeenth straight month, while new orders rose at their slowest pace since March, partly reflecting the impact of tariffs on international sales. Meanwhile, manufacturers faced intensifying cost and supply pressures. Higher energy, fuel, transportation and metal prices, alongside tariffs, pushed input cost inflation to its highest level since May’s near four-year peak. Companies responded by raising selling prices, with output price inflation reaching its highest level since September 2022. Supply-chain disruptions also lengthened delivery times, while manufacturers increased purchasing and inventories. Rising orders and delayed inputs pushed backlogs higher, prompting firms to expand employment at the fastest pace in five and a half years.

The S&P Global Canada Manufacturing PMI fell to 49.6 in October 2026 from 51.5 in September, signalling the first contraction in 2026 so far. Production declined for the first time since March, as delivery delays caused the sharpest deterioration in supplier delivery times since August 2022. Manufacturers increasingly relied on existing inventories, with stocks of purchases falling for a second consecutive month. New orders contracted at the fastest pace in over a year, as tariffs and geopolitical uncertainty weighed on domestic and export demand. New export orders fell for a fifth straight month, recording their steepest decline since January. Meanwhile, input cost inflation accelerated to its highest level since June 2022, driven by tariffs and rising fuel prices. Manufacturers passed on higher costs, pushing output price inflation to a more than four-year high. Employment fell for the first time since March. Business confidence remained historically subdued.

Singapore’s Manufacturing PMI eased to 51.4 in October 2026 from 51.7 in September, marking 15 consecutive months of expansion, though at a slower pace as growth in new orders, factory output, input inventories and employment moderated. The Electronics PMI, which accounts for more than one-third of manufacturing output, fell to 52.5 from 52.9, still supported by AI-related demand, with the sector’s new export orders index rising to 53.2, the highest since May 2018. Imports and order backlogs also expanded more slowly, while new exports and input prices picked up slightly. Meanwhile, finished goods inventories declined at a softer pace and supplier deliveries contracted much more slowly, indicating fewer delivery delays, although renewed Middle East shipping disruption could still constrain output.

The S&P Global UK Manufacturing PMI rose to 52.8 in October 2026 from 51.9 in September, matching forecasts and reaching its highest level since May. Output expanded for a seventh consecutive month and at its fastest pace in just over two years, supported by stronger new business and improved market conditions. New orders also grew at their fastest pace since early in the first quarter. However, stronger activity failed to translate into job creation, with employment unchanged after six consecutive months of growth. Meanwhile, supply chains remained under pressure, as input cost inflation accelerated and vendor lead times lengthened to one of their greatest extents in four years. Output prices rose at their fastest pace in three months. Business confidence climbed to an eight-month high, supported by planned expansions, market recovery prospects, investment in capital equipment and AI, new product launches and stronger order pipelines.

South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI) improved for a second successive month, rising to 49.6 in October 2026 from the revised 48.7 in September. While manufacturing activity continued to contract for a fifth month, the latest reading pointed to the slowest pace of deterioration during this period. All five sub-components improved, although overall business conditions remained subdued. The business activity index edged up to 48.6 points in October, following a stronger increase in September. The new sales orders index advanced for a second consecutive month to 46.8 points, accompanied by a further improvement in export sales, with the index approaching the neutral mark. The purchasing prices index climbed to 73.7 points from 71.1 in September, likely reflecting a sharp rise in fuel prices, alongside further weakness in the rand. The index tracking expected business conditions in six months’ time fell to 51.7 points in October from 55.3 in September.

Switzerland’s procure.ch–UBS Manufacturing PMI rose to 56.7 in October 2026 from 55.3 in September, exceeding market expectations of 55.3. This marked the eighth consecutive month of expansion, supported by improvements in production (58.5 vs 55.9 in September) and order books (57.4 vs 57.0). Meanwhile, the supplier delivery times component increased to 67.4 from 63.9, indicating further lengthening of lead times and potential supply bottlenecks. Inventory levels changed little in October, with both inventory components hovering around the 50-point mark. The purchase prices component climbed to 77.1 from 70.0, suggesting another significant increase in input costs. Meanwhile, the volume of purchases eased to 54.4 from 58.0, although it remained above the 50-point threshold. The employment component edged down to 48.2 from 48.4.

The S&P Global Eurozone Manufacturing PMI edged down to 52.7 in October 2026, from September’s four-year high of 52.9, but came in slightly above the preliminary estimate of 52.4, signaling continued expansion in the manufacturing sector. Output growth slowed to a four-month low but remained solid overall. Total new business increased at a softer pace, while employment continued to increase and purchasing activity expanded at its fastest pace since May 2022. Manufacturers also stepped up stockpiling to the greatest extent in nearly four years, as supplier delivery times lengthened and input cost inflation accelerated. Input prices rose at their fastest pace since May, prompting manufacturers to raise selling prices sharply, although the pace of increase was broadly unchanged from September. Meanwhile, business confidence remained in positive territory but weakened further, falling below its long-run average.

The S&P Global Greece Manufacturing PMI fell to 53.3 in October 2026 from 54.0 in September, marking a second consecutive monthly decline but remaining firmly in expansionary territory. Output, new orders and employment continued to rise amid improving market demand, with production recording its strongest growth since July. However, new order growth slowed to its weakest pace since May. Disruptions linked to the Middle East conflict continued to weigh on the sector, with supply chains under pressure and input delivery delays remaining widespread amid higher transport costs. Meanwhile, lower warehouse inventories and stronger production contributed to a second consecutive monthly decline in backlogs of work. Employment growth also boosted productive capacity. Despite the ongoing expansion, price pressures remained elevated. Confidence in the outlook subsequently deteriorated, falling to a five-month low.

The S&P Global France Manufacturing PMI was revised slightly up to 49.5 in October 2026 from 49.3 in the preliminary estimate but remained below September's 50.6. The data pointed to a renewed contraction in the country's manufacturing activity, following two consecutive months of expansion, marking the steepest decline since July last year. New orders fell at the fastest pace since July 2025 and output shrank for the first time in three months, which prompted firms to reduce purchasing activity and employment. Firms also faced deteriorating supply conditions, with delivery times increasing significantly, alongside mounting cost pressures. Rising costs of raw materials, energy and other inputs pushed input price inflation to a four-month high, leading firms to raise selling prices at the fastest pace since May.

The S&P Global Germany Manufacturing PMI was confirmed at 54.2 in October 2026, the second-highest for almost four-and-a-half years, just behind August's recent peak, and compared to 53.9 in September. The reading pointed to sustained solid growth in production levels, supported by rising export sales. Factory employment meanwhile came even closer to stabilising, registering its smallest fall in over three years, amid further signs of capacity pressures building. However, coinciding with a jump in the rate of input price inflation to the highest since May and a worsening of supply delays, the latest data showed a reduction in manufacturers' expectations for output growth in the coming year and a build-up of buffer stocks of inputs.

The Czech Manufacturing PMI rose to 55 in October 2026 from 53.5 in September, its highest since February 2022 and above expectations of 53. The reading remained well above its long-run average of 51.9, signalling broad-based expansion. New orders grew for an eighth straight month at their fastest pace since February 2022, supported by strong export demand, with exports expanding at their fastest rate since August 2021. Output rose for an eleventh consecutive month, while employment growth reached its strongest since January 2022. Purchasing activity and inventories also increased, despite longer supplier delivery times caused by chip shortages and supply-chain disruptions. Meanwhile, inflationary pressures intensified, with input costs rising at their fastest pace since June and output prices recording their strongest increase since July. Inflation concerns weighed on confidence, with 12-month expectations falling to their weakest since April.