September 26, 2024

OIE adjusts MPI estimate for 2024 to shrink by 1.0-0.0%

Household debt pressured the Manufacturing Production Index (MPI) in August, shrinking by 1.91%, with the PMI for the whole year revised down to a 1.0-0.0% contraction, while the industrial GDP contracted by 0.5% to 0.5% growth. It is recommended to …