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Macrobond Startling Stats

by | Aug 24, 2020

The Analyst

Macrobond Startling Stats

by | Aug 24, 2020

Macrobond Industrial Growth Index

Euro Area:

  • Percentage decrease in industrial production in April compared to a year before: – 31%
  • Compared to the month before: – 17%
  • Percentage recovery in May compared to disastrous April: 15%
  • Manufacturing sector worst hit by Covid-crash in April: Motor vehicles & Transport Equipment
  • Its percentage decrease compared to previous year in April: – 71%
  • As comparison, percentage decrease of chemical & pharmaceutical production: – 1%
  • Capacity Utilization in April: 67%
  • Capacity Utilization the month before: 81%
  • Capacity Utilization in April last year: 83%
  • Markit Manufacturing PMI in May: 33
  • Percentage decrease compared to previous year: -30%
  • Same PMI but July release: 52
  • Yearly inflation in Producer Prices in May: -5%
  • Monthly producer Inflation: -2%
  • Yearly inflation in Producer Prices in May, but excluding construction: -6%  

United States:

  • Percentage decrease in industrial production in April compared to a year before: – 16%
  • Compared to a month before: – 13%
  • Percentage recovery in May compared to disastrous April: 0.9%
  • Manufacturing sector worst hit by Covid-crash in April (Based on Shipments): Motor vehicles & Parts
  • Its percentage decrease compared to previous year in April: – 62%
  • As comparison, percentage increase in production of computers during same period: 5%
  • Capacity Utilization in April: 64%
  • Capacity Utilization the month before: 74%
  • Capacity Utilization in April last year: 78%
  • Markit Manufacturing PMI in May: 36
  • Percentage decrease compared to previous year: -31%
  • July release: 51

Yearly inflation in Producer Prices in May: -1%

Monthly producer Inflation: 0.4%

Yearly inflation in Producer Prices in May, excluding food & energy: 0.3%

Article provided by Macrobond.

About Wilhelm Åkesson

About Wilhelm Åkesson

Wilhelm Åkesson is a junior specialist and sales trainer at Macrobond Financial.

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