Interact Analysis’ recent update to its manufacturing industry output tracker report shows that China continues to prop up the manufacturing economy despite experiencing a rocky period of recovery.

Market intelligence firm Interact Analysis has released the latest update of the global Manufacturing Industry Output Tracker (MIO). The research shows that recovery in 2021 will be muted, following a far smaller contraction in 2020 than had initially been predicted.

In this article we focus on two of those factors – chip shortages and freight costs – and we take a look at machinery production (traditionally a more volatile sector than industry production) where cautious capital investments in some segments have meant particularly slow recovery for some machinery manufacturers, whilst others are making good progress towards market normality.