Global industrial production sentiment splits as Canada, India and South Korea strengthen while UK, Germany and China weaken, Permutable data shows

In this episode of Global Economic Press, Alex Brady discusses the latest findings from Permutable, which highlight a growing divide in global industrial production sentiment. The data reveals that countries such as Canada, India, and South Korea are experiencing a strengthening in industrial sentiment, while the United Kingdom, Germany, and China are facing challenges. The episode explores the factors driving these shifts, including resource-led growth in Canada, broad momentum across manufacturing and infrastructure in India, and gains in investment and domestic activity in South Korea. Conversely, the United Kingdom is grappling with automotive disruption, Germany with competitiveness and restructuring concerns, and China with subdued demand. The analysis from Permutable’s Global Macro Sentiment Indices indicates that industrial activity is expanding selectively rather than uniformly. While resources, metals, electricity, and productive investment are supporting growth, this has not yet translated into a broad recovery in manufactured trade, household demand, or factory employment. The findings suggest an uneven industrial cycle rather than a broad-based global manufacturing recovery, with heavy industry and productive investment gaining momentum in several economies. For more detailed insights, visit Permutable's website at Permutable.