DEMAND FOR RAW MATERIALS AND SEMI-MANUFACTURED GOODS WEAKENED IN JULY, FALLING AT FASTEST RATE THIS YEAR, SIGNALLING SLOWING ECONOMIC GROWTH: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

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Worldwide supply chain spare capacity rises, adding to the calls for the Federal Reserve to lower interest rates soon. Asian factory demand at its weakest since December 2023, partly because of a notable decrease in purchasing by Chinese factories.Suppliers to North America report underutilized capacity, with Mexican manufacturers reporting lower input demand for the first time since October 2023.European market continues to struggle, with region's manufacturing recession persisting.View original content:https://www.prnewswire.co.uk/news-releases/demand-for-raw-materials-and-semi-manufactured-goods-weakened-in-july-falling-at-fastest-rate-this-year-signalling-slowing-economic-growth-gep-global-supply-chain-volatility-index-302219153.html