Supply Chain Council of European Union | Scceu.org
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April factory output drops 17.2%

The manufacturing production index (MPI) declined for a 12th straight month in April, down 17.21% from a year earlier, hit by lower production of cars, petroleum and beer amid the coronavirus outbreak, the industry ministry said on Wednesday.

That compares with a forecast for a drop of 19.55% in a Reuters poll, and against March’s revised decline of 10.48%.

Capacity utilisation in April was 51.87%, after March’s revised 67.78%. 

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