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Market Sector Insights – The Manufacturing Market

Market Sector Insights – The Manufacturing Market

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Introduction

According to a report by the United Nations Industrial Development Organization (“UNIDO”), the rate of global manufacturing growth slowed down in 2018 primarily as a consequence of trade and tariff barriers in many countries around the globe. Going into the details, the report adds that world manufacturing value added rose by 3.6% in 2018, slightly lower than the 3.8% recorded in the previous year. 

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