The Office for National Statistics (ONS) has published the industrial and manufacturing production data from the UK on Wednesday, suggesting that the British industrial sector is well on the way to recovery after the coup induced by the COVID lockdown. The Manufacturing production reached 2.1% month-on-month in March compared to the 1.0% expected and 1.5% […]
Tag: Industrial production
Industrial production and exports grow more than expected in March, the trade balance disappoints
The German industrial production increased in March by 2.5%, surpassing the estimated 2.3% increase. In February, the indicator fell 1.9% (revised from -1.6%). This is the first rise after two consecutive months of declines, showing the largest increase recorded since last October. Annually, industrial production rose 5.1% in March, its highest rise since January 2018. […]
Industrial production rises 1.4% in March, less than the 2.8% expected
The industrial production in the United States rose 1.4% in March. The data was lower than the market consensus, which was for a rise of 2.8%. In turn, the February data was revised from -2.2% to -2.6%. In the first quarter, production advanced at an annual rate of 2.5%. The usability it was located at […]
Industrial production falls 1% in February, approaching expectations
The Eurozone industrial production fell to -1% in February’s monthly reading, slightly improving the -1.1% expected, but worsening the 0.8% rise seen in December. Today’s is the biggest drop seen by the indicator since April 2020. Annual industrial production fell to -1.6% in February, worsening the -0.9% forecast and + 0.1% in the previous month. […]
February GDP grows 0.4%, below the estimated 0.6%; Industrial and manufacturing production surprise on the rise
The UK Gross Domestic Product for the month of February grew 0.4%, below the 0.6% expected by the market. In January, GDP stood at -2.2% (revised from -2.9%). The British trade balance fell in February to -16,442B pounds after setting its January deficit at -12,592B pounds. The result has worsened the forecasts of -10.6B. The […]
Industrial production increases 3.6% in February
Industrial production in Germany showed a strong rebound in Februaryofficial data showed on Friday, suggesting that the recovery in the manufacturing sector may have regained traction. Industrial production reached 3.6% month-on-monthsaid the federal statistical authority Destatis in figures adjusted for seasonal and calendar effects, versus an expected 2.4% increase and from -3.5% of the previous […]
Factory orders meet estimates at 1.2% monthly in February
German factory orders increased 1.2% month-on-month in February. On a yearly basis, German factory orders increased 5.6% in February. German factory orders increased as expected in February, suggesting that the manufacturing sector in Europe’s economic powerhouse continues its post-pandemic recovery. Goods contracts ‘Made in Germany’ reached 1.2% monthly compared to 1.2% expected and 1.4% the […]
Industrial production in February unexpectedly contracts 2.2%
Industrial production in the US fell significantly in February amid severe weather conditions. A slight increase was expected. The industrial production in the United States contracted 2.2% in Februarythe US Federal Reserve reported on Tuesday. This reading followed the January expansion of 1.1%. It was below the market expectations of an increase of 0.6%. “The […]
Year-on-year industrial production rises in January for the first time since 2018
The interannual industrial production has grown by 0.1%, improving the -2.4% forecast and the -0.2% previously (revised from -0.8%). This is the first rise seen in the indicator since October 2018. EUR / USD reaction EUR / USD continues to press lower at this time after hitting a daily high at 1.1988 at the start […]
Industrial production falls 2.5% in January, its first drop in nine months
The Germany’s industrial production fell 2.5% monthly last January, disappointing the estimated 0.2% rise. The December result was revised upwards, showing a rise of 1.9% compared to the previous 0%. January is the first drop seen by the indicator since last April. Year-on-year, industrial production fell 3.9% after growing 1% in December (revised up from […]