By Country Industry Forecasts - Utilities
The global utilities outlook has been revised down to grow moderately by 0.9% in 2019, on the back of cooling Chinese activity as well as weak sector growth in India. A slowdown in key end-use sectors in China, and ongoing credit availability concerns in India, will have spillover impact on the manufacturing sector and, in turn, demand for utilities. While investment challenges and a volatile nuclear strategy plague growth in the UK, low natural gas prices will fuel US expansion.
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