The Venezuelan Confederation of Industries (Conindustria) anticipates that the sector could experience double-digit growth by the end of 2026.
Currently, it reports an operating capacity of 52.7 %, according to the report presented by Tito López, president of Conindustria, "and seeks to attract…
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industrial sector
Conindustria estimates growth exceeding 12 % in Venezuela
The Venezuelan Confederation of Industries (Conindustria) recently indicated that the country's growth this year could exceed 12 % despite certain obstacles that are slowing the economy's momentum.
The organization referred to the…
China’s industrial sector reported expansion in May
Reports for May in China's industrial sector indicate sustained growth, driven by innovation. According to data for last month, "China's value-added industrial output grew 5.8 percent year-on-year."
In the manufacturing sector, value-added…
German economy contracts 1.7 % in 2021
Germany's gross domestic product (GDP) declined 1.7 % year-on-year in the first quarter of 2021, the Federal Statistical Office (Destatis) announced today. The figure stops the growth trend registered in the last two quarters, taking into…