MH Daily Bulletin: December 5

December 5, 2022 • Posted in Daily Bulletin

News relevant to the plastics industry:

At M. Holland

  • Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets.


Supply Chain

Domestic Markets

United States Average Hourly Earnings MoM

International Markets

Euro Area Producer Prices Change
  • The euro zone’s unemployment rate dropped to a record-low 6.5% in October, holding up well despite forecasts for a bloc-wide recession.
  • The European Central Bank is expected to start offloading some of its $5.3 trillion of bond holdings next year as part of quantitative tightening used to cool credit and investment.
  • German exports fell a larger-than-expected 0.6% in October as inflation and supply-chain snags hit demand in its key trading partners. 
  • The Bank of England signaled that higher interest rates could lead to a deeper and longer recession than initially thought.
  • Ratings agency S&P Global cut France’s outlook from “stable” to “negative,” reflecting its view of rising risks to the country’s public finances.
  • Brazilian industrial production rose 0.3% from September to October, returning to positive territory after two straight monthly declines.
  • Top U.S. and Mexican trade officials agreed to set out a plan by early 2023 to spur the relocation of companies from Asia to North America.
  • Tourist visits to Spain soared 39% year over year in October but remained just shy of pre-pandemic levels.
  • Global food prices fell marginally for the eighth consecutive month in November, according to the United Nations.

Some sources linked are subscription services.

Stay informed with industry trends and insights.

Stay informed with industry trends and insights.
This field is for validation purposes and should be left unchanged.