US
3.43% growth pushes QIM to 132.87 in Dec 2023 compared to 128.37 in Dec 2022
Recent steps for sustainable recovery fail to tackle underlying structural issues
Spike comes as government’s pro-growth policies drive expansion in 10 out of 15 sectors
Higher export orders, industries running near full capacity aid growth
Expansion led by strong performance in textile, food, beverages, automobile sectors
Increase will help offset impact of poor cotton production in agriculture sector
Despite Covid-19 pandemic, industrial output growth accelerates to 22-month high
Growth in line with government’s expectations of recovery
Rise comes in wake of increased output in food, textile and mineral sectors
Decline in large industries highlights need for review of economic policies