Too early to ‘sound all-clear’ from Omicron’s impact on global manufacturing

Coronavirus flare-ups in China could still prove a “headache” for global supply chains as it is too early to “sound the all-clear” from the impact of the Omicron variant on worldwide manufacturing, according to an analyst.Expansion of China’s factory activities slowed in January amid repeated Covid-19 outbreaks and the seasonal disruption to production ahead of the Lunar New Year.The official manufacturing purchasing managers’ index (PMI) fell to 50.1 in January, down from 50.3 in December,…

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