EU Monitoring: Why are production prices rising?
The EPTDA’s members should know that the rise in input costs is being driven by the perception that supply chain constraints will not ease in the short term, industry executives said in a recent survey. Actually, input prices rose at their fastest pace in almost a decade in the eurozone’s manufacturing sector in February, according to the Manufacturing Business Survey released by the Institute for Supply Management (ISM).
The EU Monitoring Report includes the European Commission’s approach to helping supply chain companies.
For EPTDA, Oxford Economics report covers detailed analysis of Manufacturing Output, Construction Output, Service Sector Output, Value of Industrial Production per country, overall Industrial Production as a share of GDP, and top 10 fastest-growing and slowest-growing sectors per country.
The Q4-2020 analysis shows that all key indicators are expected to contract in 2020 for all countries covered in the data: Finland, France, Germany, Italy, the Netherlands, Poland, Russia, Spain, Turkey and the UK. Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth at the end of 2020 – with Italy, Germany and France losing with double digit numbers.
All 10 countries covered in the data are forecasted to have growth and recovery on the horizon in the industrial production and manufacturing output in 2021.
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2021 PLI Report: Aggregates Industry
The latest PLI Report on the Aggregates Industry explores trends, identifies products used in the extraction of aggregates and production of cement, clarifies key challenges, and considers the opportunities and how they can be capitalised.