Skip to main content

Labour Market & Industrial Production (Oct.)

The sharp fall in industrial production in October suggests the economy might have been hit harder by the sales tax hike than we were expecting. And while the unemployment rate remained unchanged in October, we think the labour market will loosen a bit further over the next few months as domestic and external demand remains weak.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access