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Manufacturing: Under the impact of Covid- 19 measures – Update

Sector note 15/04/2020    312

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  • Manufacturing dropped to record low in March and automobile manufacturers halted production since late-Mar.
  • Other key export sectors to face strong headwinds from 2Q20, but there are still some shining lights
  • Manufacturing sector showed a significant slowdown in both consumption and production while inventory surged in 1Q20.

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