30 Nov. 2011 - EPTDA forecasts market rise in 2nd half of 2012
EPTDA released November Market Forecast reporting that the ascent in the Europe Industrial Production 12MMA has been unusually strong, gaining 10.2% in 21 months of rise, but the pace of growth has slowed. The outlook for Europe Industrial Production calls for the rate of growth to continue to slow to around mid 2012 but not drop below year-ago levels. The 12MMA is projected to continue its upward trend through 2012. Mildly accelerating rise is probable in the second half of 2012.
This report includes developments in Europe’s economy and the following markets - Food & Beverage Equipment Production; Automotive Production; Industrial Machinery Production; Agricultural Equipment Production; Power Generation; Material Handling Equipment Production; Pulp & Paper Production. A special on India's and China's Industrial Production is also featured, showing accelerating growth outlook in India and milder progress in China.
This report is available in full for the EPTDA Members only (click here).
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