Macro Update - Production slows on weaker new orders
  • 07 Dec 2022
  • Macroeconomics
Production expanded at the slowest pace in 10 months. The overall index of industrial production (IIP) rose 5.3% YoY in November with the IIP of the manufacturing sub-sector growing 4.4% YoY — the slowest monthly YoY increase since January 2022. Meanwhile