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OIE: MPI drops by 11.25 percent in March and drops by 6.63 percent year on year in Q1, 2020

April 30, 2020


Abstract : The Office of Industrial Economics (OIE) announced that MPI in March 2020 was 102.79, down 11.25 percent year on year, and down 4.24 percent compared with February 2020; the rate of capacity utilization was 67.22 percent.

InfoQuest, (April 30, 2020) -- The Office of Industrial Economics (OIE) announced that MPI in March 2020 was 102.79, down 11.25 percent year on year, and down 4.24 percent compared with February 2020; the rate of capacity utilization was 67.22 percent.

MPI in Q1, 2020 dropped by 6.63 percent year on year, and down 6.8 percent compared with Q4, 2019; the rate of capacity utilization was 66.68 percent.

Source: InfoQuest, by Nisarat Wichiensri / Rachada, translated by Xinhua Silk Road

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