UNIDO’s World Manufacturing Report for Q1 2024 is now available
Global production remained stationary during the first quarter of 2024, further extending the lukewarm performance registered since the second half of 2022. In the previous quarter, it recorded a moderate growth of 0.9 per cent.
On a more detailed level, industrializing economies have been able to increase their production level over the past years and reached a quarter-over-quarter output growth of 1.4 per cent, leaving behind industrial economies. The latter reported a stalled performance in the current quarter.