Italian industrial production was much lower than expected in October, down 0.6% from the previous month, according to the data. Analysts had expected a 0.4% increase on a monthly basis in October, up from 0.1% in September. On an adjusted annual basis, production increased by 2% in October, according to the statistical service ISTAT. Analysts […]
Tag: Industrial production
Spain: Industrial production fell in October
Industrial production in Spain fell in October from September, as factory activity continued to show signs of weakness due to supply chain congestion problems. Industrial production fell 0.4% in October compared to the previous month on a calendar and seasonally adjusted basis, according to data from the INE statistical service. In September, industrial production was […]
Industrial production rises 2.8% in October
Industrial production showed a solid rebound in October in Germany, official data showed Tuesday, suggesting that the recovery in the manufacturing sector is gaining momentum. Industrial production of the economic powerhouse of the eurozone up 2.8% month-on-monthsaid the federal statistical authority Destatis in figures adjusted for seasonal and calendar effects, versus an expected 0.8% increase […]
France: Industrial production increased, higher than expected
France’s industrial output rose on a monthly basis in October, despite supply chain problems, exceeding estimates, according to Insee statistics. Total industrial production increased 0.9% in October compared to September. Economists expected production to increase by 0.3%. Industrial production was 4.5% lower than pre-pandemic levels in February 2020, Insee said. Manufacturing production (the largest component […]
AUD / USD declines from daily highs at 0.7360 to 0.7315 on positive US data.
AUD / USD fell 30 pips as US retail sales for October grew the most in seven months. US industrial production beat expectations, boosting the dollar. RBA Governor Philip Lowe said the data would not support a rate hike in 2022. During the American session, the Aussie dipped as better-than-expected US retail sales appear to […]
Industrial production increased 1.6% in October, compared to the + 0.7% expected
US industrial production it rose 1.6% month-on-month in October, according to data released by the US Federal Reserve on Tuesday. The figure was well above expectations for a 0.7% month-on-month rise in production and fully recovered from the 1.3% drop seen in production levels in September. “About half of the gain in October reflected a […]
Eurozone: Industrial production fell in September for the second consecutive month
Industrial production in the eurozone fell in September for the second month in a row as delays in deliveries stemming from supply problems hampered manufacturing. Production from factories, mines and utilities in the region fell 0.2% in September from August, Eurostat said. Economists expected a 0.7% drop. In August, industrial production fell by 1.7% on […]
ELSTAT: 9.7% increase in industrial production in September 2021
The General Industrial Production Index of September 2021 increased by 9.7%, compared to the corresponding index of September 2020, compared to a decrease of 2.1% recorded during the corresponding comparison of the year 2020 with 2019, according to the data announced ELSTAT. The average General Index of Industrial Production for the period January – September […]
Germany: Decline in industrial production for the second consecutive month
German industrial production fell in September for the second month in a row as supply chain problems affected factory production. Total industrial production fell 1.1% in September on a monthly adjusted basis, according to the statistical service Destatis. Economists had forecast an increase of 1%, while in August industrial production fell by 3.5% (revised measurement). […]
Industrial production falls sharply 4% month-on-month in August
Industrial production in Germany showed a larger-than-expected drop in August, official data showed on Thursday, suggesting that the recovery in the manufacturing sector has lost momentum. The industrial production of the economic powerhouse of the eurozone falls sharply 4% month-on-month, said the federal statistics authority Destatis in figures adjusted for seasonal and calendar effects, versus […]