In the first quarter of 2020, industrialized economies registered a contraction in manufacturing output of 2.5 per cent. Among Asian industrialized economies, manufacturing output remained almost unchanged, mainly due to the solid performance of South Korea and Taiwan, ROC. Unlike other continents, Africa’s manufacturing output indicated a slight increase of 0.2 per cent for the first quarter of 2020. Among non-EU economies, manufacturing output dropped by 6.0 per cent in the United Kingdom, mainly due to Brexit and related uncertainties. Vietnam was among very few countries in the region that maintained a high manufacturing growth, whereas India’s manufacturing output further dropped.

Source: The Guardian June 10, 2020 04:18 UTC