(IHS Markit) The global electronic sector improved in September with a PMI of 58.6, compared to 58.1 in August on strong global demand.
Manufacturers recorded the sharpest rise in new orders, with Japan, Taiwan, Europe, the US, and China topping the list.
The rate of job creation among electronic producers was slightly lower compared to August but at historic high levels. The industrial sector and communications raked concurrently.
The electronics sector had the steepest increase in work backlogs in over 21 years, driven by high demand and staff shortages.
Manufacturers recorded the steepest jump in pre-production inventories in 23 years over speculation against rising input prices.
Input prices inflation hit historic levels amid rising commodity prices and high transportation costs.
