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2023 and Packaging: What Have We Seen So Far

MEM

Italy has amended its 2020 decree on labelling to obligate producers of all types of packaging to indicate the relevant material through an alphanumeric code. Hungary has prohibited all beverage cups from being placed on the market and single-use plastic fast food containers from being offered to consumers free of charge.

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Manufacturing PMI® at 46.4%; July 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

The July composite index reading reflects companies continuing to manage outputs down as order softness continues. percent in May 2020 ). Logistics costs have settled, transit times continue to shorten and capacities at most suppliers are sufficient.” The Imports Index remained in contraction territory, registering 49.6

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

This figure indicates expansion in the overall economy for the 26th month in a row after a contraction in April and May 2020. This is the lowest Manufacturing PMI ® figure since June 2020 , when it registered 52.4 percent; this is the index’s lowest reading since August 2020 (59.5 Fiore , CPSM, C.P.M., percent is a 1.4-percentage