Industrial output grows 4.9% in April

Industrial output grows 4.9% in April driven by strong manufacturing and capital goods performance. The new base year series shows improved data alignment with economic activity. April’s 4.9% growth exceeds expectations of 4.5%, signaling sustained momentum in factory activity. This reflects healthy demand and production trends across sectors.

📊 STOCKS: | 🏢 SECTOR: Macro | #MEDIUMIMPACT #IndustrialProduction