The 11.2% m/m fall in industrial production in April was bigger than at any point in the index’s 100-year history, including the Great Depression, the end of World War 2 and the Global Financial Crisis. Output will rebound from May onwards, as factories begin to reopen, but the early signs are that the recovery is set to be gradual.
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