01 February 2012 15:36 [Source: ICIS news]
London-based Markit said its monthly purchasing managers’ index for
“January saw a reversal of the recent downturn in German manufacturing production, and the rate of output expansion was the highest since the middle of last year,” said Tim Moore, senior economist at Markit.
“This in turn supported a solid rise in manufacturing employment numbers, suggesting renewed confidence about the longer-term business outlook,”
However, on the downside,
In the chemical industry, producers expect a 1.0% year-on-year increase in chemical production in 2012 - down from the 4.0% year-on-year growth they achieved in 2011.
Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections