Overview
- India’s manufacturing PMI climbed to 56.9 in February on stronger domestic orders, while export growth slowed to a 17‑month low linked to U.S. tariff uncertainty.
- Euro zone factory activity rose to 50.8, the highest since 2020, with Germany back in expansion at 50.9, and the UK grew at 51.7 as new export orders hit a four‑and‑a‑half‑year high.
- China’s private manufacturing PMI rose to 52.1, the fastest in over five years, contrasting with the official survey that showed a second month of contraction.
- U.S. ISM manufacturing held at 52.4, but the prices‑paid index surged to 70.5, the highest since October 2022, signalling stronger input‑cost pressures tied to tariffs.
- South Korea’s PMI registered 51.1 for a third month of growth, with output and orders buoyed by semiconductor demand and solid sales to the United States and China.