Industrial Production Sees Significant Decrease in June
Monday, 12 August 2024, 20:32
Overview of Industrial Production Decline
The latest figure on industrial production highlights a significant contraction in the month of June.
Key Statistics
- Consumer Durables Production: Decreased by 2.53% from previous month.
- Consumer Non-Durables Output: Declined by 5.86%.
Conclusion
This noticeable downturn in production figures raises questions about consumer spending and overall economic health.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.