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Global factory inventories up 30% in 4 years as China slows - Nikkei Asia

TOKYO -- Big manufacturers worldwide are struggling to chip away at inventories that accumulated during the pandemic, even with supply chains returning to normal, as economic weakness in markets like China saps demand.

Inventories totaled $2.12 trillion at the end of September, up 28% from the pre-COVID level of December 2019, based on a tally of 4,353 companies with comparable QUICK-FactSet data.

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December 05, 2023 at 12:19AM
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Global factory inventories up 30% in 4 years as China slows - Nikkei Asia
"Factory" - Google News
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