Moldova Industrial Output Contraction Deepens đ
Industrial production in Moldova fell sharply by 8.5% year-on-year in October 2024, driven by a significant decline in manufacturing output, despite growth in mining and electricity sectors.
The significant year-over-year decline in Moldova's industrial production, particularly in the manufacturing sector, suggests a weakening economic environment that could negatively impact the performance of the investment portfolio, which has exposure to European and emerging market equities.
Poland Industrial Output Falls More than Expected đ
Poland's industrial production declined 1.5% year-on-year in November 2024, missing market expectations, driven by contractions in manufacturing, mining, and quarrying sectors.
The decline in Poland's industrial production, particularly in the manufacturing and mining sectors, suggests a slowdown in economic activity. This could have a moderate negative impact on the investment portfolio, as it includes exposure to European and emerging market equities, which may be affected by the weaker industrial performance in Poland.
Kazakhstan Industrial Output Rebounds in November đ
Industrial production in Kazakhstan rebounded in November 2024, driven by faster growth in manufacturing, water supply, and waste management, as well as a recovery in electricity, gas, and mining sectors.
The article indicates a recovery in Kazakhstan's industrial production, which is positive for the portfolio's exposure to the European and emerging markets. The stronger manufacturing and utilities sectors suggest improved economic conditions, which could benefit the portfolio's positions in the S&P 500, MSCI World, and European market indices. However, the impact is moderate as the portfolio's exposure to the Kazakh market is relatively small (1% each for UAE and Kuwait markets).
Colombia Industrial Output Rebounds in October đ
Colombia's manufacturing production rebounded in October 2024, rising 1.1% year-on-year after a 4.1% decline in September, driven by growth in sectors like sugar, other transport vehicles, personal care products, electronic equipment, and milling.
The rebound in Colombia's manufacturing production, particularly in sectors like sugar, transport vehicles, and electronics, suggests an improvement in economic conditions and consumer demand. This could have a moderately positive impact on the portfolio, which includes exposure to global markets and sectors like technology and consumer goods.
Kyrgyzstan Industrial Production Drops in November đ
Kyrgyzstan's industrial production declined by 1.1% year-on-year in November 2024, driven by a drop in manufacturing and slower growth in electricity, gas and steam, while mining and quarrying output recovered.
The decline in Kyrgyzstan's industrial production, particularly in the manufacturing sector, could have a moderate negative impact on the investment portfolio, as it may signal a slowdown in economic activity in the region. The portfolio's exposure to the European market, MSCI World, and emerging markets could be affected, though the overall impact may be limited due to the diversification across different regions and sectors.
China Industrial Output Growth Slightly Above Forecasts đ
China's industrial production expanded by 5.4% year-over-year in November 2024, exceeding market estimates and the previous month's growth, driven by faster rises in manufacturing sectors.
The article indicates that China's industrial production growth in November 2024 exceeded expectations, which could have a moderately positive impact on the investment portfolio. The stronger manufacturing performance, particularly in sectors like computer and communication, cars, and chemicals, suggests increased economic activity that could benefit the portfolio's exposure to the Chinese and broader Asian markets, as well as sectors like technology and consumer discretionary.
Jordan Industrial Output Rises the Least in 3 Months âšī¸
Jordan's industrial output grew at a slower pace in October 2024, with manufacturing output growth slowing significantly, while electricity and mining sectors continued to expand.
The article provides information about the performance of Jordan's industrial sector, which is a relatively small component of the overall investment portfolio. The slowdown in manufacturing output growth is not expected to have a significant impact on the portfolio, as the portfolio is diversified across various global markets and sectors. The continued growth in electricity and mining sectors also helps offset the weaker manufacturing performance. Overall, the impact on the portfolio is expected to be neutral.
Belarus Industrial Output Growth Slows âšī¸
Industrial production in Belarus grew by 5.5% in the first 11 months of 2024, slowing from the previous period's 6.2% increase, as the rebound from 2022's sanctions wanes.
The article indicates a slowdown in Belarus' industrial production growth, which is a neutral development for the given investment portfolio. The portfolio's exposure to Belarus or the broader Eastern European region is not specified, so the impact is considered neutral overall.