DEVELOPMENT TRENDS OF INDUSTRIAL PRODUCTION

It is mentioned in the article industrial production measures the performance of a country's economy, encompassing the total output generated by various industries within the manufacturing sector. These industries play a significant role in driving economic growth and stability. In fact, they often form the backbone of an economy due to their contributions to employment, output, and overall economic development. Many of the products manufactured within these industries find their way into the retail market, further enhancing their economic impact.