Eurozone industrial production grew 1.5% monthly in July, improving on the 0.6% expected increase and the 0.1% drop in June (revised from -0.3%). This is the first increase after two consecutive months of decreases, and it is also the largest increase recorded since November 2020. Year-on-year, the indicator has grown by 7.7%, above the 6% […]
Tag: Industrial production
Industrial production rises 0.7% monthly, better than expected
The UK industrial production grew 0.7% monthly in June, above the 0.3% forecast and 0.6% previously (revised down from 0.8%). This is the biggest rise in three months. Year-on-year, the indicator increased 8.3%, below the 9.4% expected and the previous 20.7% (revised from 20.6%). The manufacturing output rose 0.2% monthly from 0.1% previously (revised from […]
GDP expands 7.9% year-on-year in the second quarter of 2021 compared to 8.1% expected
The annualized figures for China’s GDP for the second quarter of 2021 reached 7.9% compared to the expected 8.1% and the previous 18.3%, with quarter-on-quarter reading at 1.3% vs. 1.2% expected and the previous 0.6%. As to retail sales, the figure was 12.1% versus 11.0% expected and the previous 12.4%, with industrial production at 8.3% […]
Industrial production falls 1% in May compared to -0.2% expected
Industrial production in the euro area has shown a greater drop than expected in Mayas official data published by Eurostat on Wednesday showed, suggesting that the recovery in the manufacturing sector is losing momentum once again. The industrial production in the block reached -1.0% compared to an expected 0.2% drop and 0.6% from the previous […]
Industrial production unexpectedly falls 0.3% in May
Industrial production in Germany unexpectedly fell in May, official data showed on Wednesday, suggesting that the recovery in the manufacturing sector is losing momentum. Industrial production of the economic powerhouse of the eurozone fell 0.3% month-on-month, said the federal statistical authority Destatis in figures adjusted for seasonal and calendar effects, versus an expected 0.5% increase […]
Retail sales and industrial production below estimates in May
The YoY retail sales in China for May reached + 12.4%, compared to the + 13.6% expected and + 17.7% of the previous month, while interannual industrial production reached + 8.8% compared to the + 9.0% expected and falling from + 9.8% previously. For its part, year-on-year investment in fixed assets stood at + 15.4% […]
Manufacturing production unexpectedly falls 0.3% month-on-month in April
The Office for National Statistics (ONS) released UK manufacturing and industrial production data on Friday, and suggests that the recovery of the British industrial sector faltered in April. Manufacturing production reached -0.3% month-on-month in April compared to the 1.5% expected and from the 2.1% seen in March, while total industrial production reached -1.3% compared to […]
Industrial production disappoints in April with a 1% drop
German industrial production fell 1% in the monthly reading for April, disappointing market expectations, which expected a rise of 0.7%. In March, the indicator rose 2.2% (revised down from 2.5%). The annual industrial production, on the other hand, has shot up 26.4% in April, greatly improving the 4.8% increase seen in March. This is the […]
Industrial production expands 0.7% in April, below expectations
The industrial production in the United States expanded 0.7% during the month of Aprilthe Federal Reserve reported on Friday. This reading followed the March increase of 2.4% (revised from 1.4%) and was below the market consensus of a 1% rise. The manufacturing index rose 0.4% “despite a drop in motor vehicle assemblies that was mainly […]
Industrial production grew 0.1% in March, below the 0.7% expected
Euro zone industrial production rose 0.1% in the monthly reading for March, falling well below the 0.7% expected increase, but improving from the -1.2% in February (downward revised from -1%). Year-on-year, the indicator has grown by 10.9%, without reaching the estimated 11.7%, but significantly exceeding the -1.8% of the previous month (revised down from -1.6%). […]
