Wk 45 Electronics Supply Chain Digest

Electronics Supply Chain Weekly Digest 11-8-24.

DATAPOINT OF THE WEEK: S&P reported Oct Eurozone mfg PMI of 46.0 vs 45.0 in Sep reflecting continued decline in activity albeit at the slowest pace since May, indicating a relative improvement M/M.

Output, new orders and employment and purchasing activity all declined M/M. Cautiously eurozone manufacturer growth expectations weakened to the lowest in a year.

The relative uptick in Eurozone PMI was also mirrored in Germany where Oct PMI jumped to 43.0 from 40.6 in September, marking a 3-month high.

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