E&E lifts output to 5.0%, supporting 3Q26 GDP growth
Industrial Production Index (IPI) growth accelerated to 5.0% YoY in August (Jul: 4.7%), beating our estimate (KIBB: 4.0%) and marginally above consensus (4.9%)
- MoM growth rebounded 2.6% (Jul: -2.0%), above the 10-year average growth of 1.1%. Manufacturing led recovery, signalling firm industrial momentum heading into the final month of 3Q26.
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