West Asia crisis to impact near-term IIP growth
pre-market1 source ↓written by the desknot a recommendation
- in leather
- 4.6% contraction
- in March 2025
- 0.8% increase
The ongoing West Asia crisis is expected to negatively affect the near-term index of industrial production (IIP) growth, as reported by Icra. Disruptions in supply chains have led to a 4.6% contraction in leather and related products output in March 2026 compared to a 0.8% increase in March 2025. This slowdown signals potential challenges for the manufacturing sector ahead.
Not investment advice. For informational purposes only.