Manufacturers showed a less negative outlook about expected output and current stocks of finished products for the next three months. This shift in sentiment was observed across half of the major manufacturing industries, including textile, clothing, and leather sectors.
Despite the slight uptick, producer confidence in October **** remained below the long-term average of *. The metric had reached an all-time high of **.* in November ****, while its all-time low was recorded at minus **.* in April ****, as per CBS.
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!