Manufacturing production contracted by -1.2% y/y in August, from revised growth of +1.6% y/y in July. August’s outcome notably underperformed consensus estimates of +0.1% y/y.
Manufacturing production contracted by -1.2% y/y in August, from revised growth of +1.6% y/y in July. August’s outcome notably underperformed consensus estimates of +0.1% y/y.