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Industrial producer prices jump 35.6% y/y in July

Explosively increased year-on-year producer prices in industry and in July mainly due to high energy prices, although at month-on-month level they showed a slight downward trend. In particular, as announced by ELSTAT, the General Producer Price Index...

China’s industrial profits fell 1.1% in the first seven months of 2022

Profits at industrial firms in China fell in the first seven months of the year as the economy continued to struggle with Covid disruptions and the ongoing downturn in the real estate sector, Bloomberg reports. Earnings in...

Germany: Industry and transport veto cancellation of freight and passenger transport in favor of energy transport

The federal government's plans to prioritize power transfers on the rail network for the next six months and cancel other freight and passenger services if necessary have drawn widespread criticism from industry and rail companies. ...

ELSTAT: 43.1% annual increase in turnover in industry in June

The General Industrial Turnover Index for the month of June 2022 jumped by 43.1% compared to the corresponding index for June 2021, as ELSTAT announced today. In the corresponding comparison of the year 2021 with 2020,...

32.8% jump in import prices in Greek industry in June

Costs in Greek industry showed a strong jump in June with an annual increase that exceeded 30%, although on a monthly basis import prices showed a slight decrease of just over 1%. In detail, as announced by...

The government’s plan to boost energy-intensive industry

By Haris Fludopoulos The agreement reached by the energy ministers of the E.U. for the reduction of natural gas consumption by 15% includes an explicit exception for the power generation sector, in case the stability of...