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World apparel and textile production continues to rise

Global apparel and textile production has continued its year-on-year growth into the second quarter, with developing and emerging economies leading the way.While the latest figures support forecasts for a modest rise in total world manufacturing growth in 2013, apparel and textile output in the quarter is lower than it was in the first three months of the year. In the latest of its regular reports, the United Nations Industrial Development Organization (UNIDO) forecasts that global manufacturing output will grow by 2.7 per cent in 2013 as recovery begins in Europe and higher demand is seen across industrialized nations.

Textiles production rose 4.8 per cent in the second quarter compared with the same period last year, owing to a 6.3 per cent rise in developing countries, partly offset by a 1.4 per cent decline in the industrialized nations. But output was 1.5 per cent lower than in the first quarter of this year, with a decline of 2.1 per cent in developing countries and flat production in industrialized ones.

Apparel and fur output rose 3.7 per cent year-on-year, with an 8.9 per cent rise in developing countries partially offset by a decline of 7.4 per cent in the industrialized nations."Developing and emerging economies performed well in the production of basic consumer goods," UNIDO said, adding that the production of wearing apparel rose in India, Indonesia, South Africa and Turkey.

http://www.unido.org/

 
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