Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Get in touch with us nowIn February 2024, global industrial production, excluding the United States, increased by 1.1 percent compared to the same time in the previous year, based on three month moving averages. This is compared to an increase of 0.1 percent in advanced economies (excluding the United States) for the same time period. The global industrial production collapsed after the outbreak of COVID-19, but increased steadily in the months after, peaking at 23 percent in June 2021.
Industrial growth rate tracks the output production in the industrial sector.
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