91AV原创 factory output fell in March as the war in Iran clouded prospects for global demand while also threatening manufacturers’ margins by way of higher energy costs.
Industrial production dropped 0.5% from February, the industry ministry reported Thursday. Economists had expected a 1.1% increase. Output gained 2.3% from a year earlier, compared with expectations of a 2.2% gain.
Thursday’s report reflects a period in flux, with business prospects for manufacturers starting to dim as the impact of the Middle East conflict rippled through the global economy.?
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