The American Chemistry Council’s Global Chemical Production Regional Index (Global CPRI) shows that headline global production was flat during November on a three-month moving average (3MMA) basis. This follows two months of decline and fairly good gains last year.
During November, chemical production increased in North America, Latin America, and Central and Eastern Europe but fell in Western Europe and the Asia-Pacific regions.
Chemical production was flat in Africa and the Middle East. The Global CPRI was up only 0.4% year-over-year (Y/Y) on a 3MMA basis and stood at 108.1% of its average 2012 levels in September.
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