Industrial output grew by somewhat less than we had expected in Q3 2024, but we expect that catch-up growth in Q4 will make up for the losses, allowing for total growth to come in at 5.3% for the year, just under our previous forecast. We still expect a notably slowdown heading in 2025 though: annual growth in our latest projection is 3.6%.
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.