Industry’s development rate in every specific region (country) provides an investor with the invaluable information on the state of the economy in the certain country at the given moment. The industry’s development rate is important because it shows the current standing of a country, as well as the potential opportunities for its growth.
Index of industrial production is determined for all enterprises of the certain industry in the specific country or economic formation. One more indicator that is called capacity utilization rate is calculated based on it too. In the aggregate, these indicators show the country’s potential for the economic growth and for the national currency’s strengthening with greater probability.
The great importance of this indicator is driven by a fact that a quarter of all objects represented in the market belong to the industrial sector.