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ACC: Global CPRI indicates slow growth in second quarter

9:31 AM MDT | June 20, 2014 | Lindsay Frost

ACC today released its global chemical production regional index (CPRI), measuring the production volume of the chemical industry for 33 nations, regions, and subregions—compared with the Federal Reserve Board (FRB) production indices. The global CPRI rose 0.1% on a three-month moving average (3MMA) basis in May—indicating that growth was slower in the second quarter compared with that in the first, ACC says. Most regions, except Latin America, Central Europe, and Eastern Europe, produced more. The index was up 4.2% year-over-year (YOY) on a 3MMA...

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