CBX Retail Sourcing Report – Q2 2017

CBX Retail Sourcing Report - Q2 2017

Moving into Q2, manufacturing conditions improved in most low-cost sourcing destinations from Eastern Europe through to Africa, North and South Asia. The fundamentals of strong consumer demand and economic optimism prevailed, despite rising input costs/price pressures. Malaysia, South Korea and Egypt were the few countries that experienced a contraction in their manufacturing based on a decline in new orders especially from China alongside economic uncertainty and rising raw material costs. China saw a moderate increase in production, but with more caution evidenced by low inventories and reduced headcount in their workforce.

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