Tag: EU Steel Weighted Industrial Production (SWIP) Index (year-on-year %-change)

The construction sector entered recession in Q3CY’22 and saw its fifth consecutive quarterly drop (-1.2%, after -3.4% in Q2) in Q3CY’23. The positive trend in SWIP, started after the pandemic, continued until Q2CY’23 in spite of soaring energy prices impacting production costs, component shortages and lower output that took their toll on total production activity…