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30th of December 2010
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News Tag: industrial output

December 14, 2010

Euro zone industrial output up 0.7% in October

by Kay Murchie
’Euro
The EU statistics office Eurostat has today revealed euro zone industrial output gained 0.7% in October, recovering from a 0.7% decline the previous month. On an annual basis, meanwhile, industrial output grew by 6.9%.However, both figures were less than a monthly increase of 1.3% and an annual increase of 7.6% forecast by economists. On an regional basis, the best performances were ...




December 13, 2010

Chinese inflation continues to rise

by Kay Murchie
Chinese inflation continues to rise
China’s National Bureau of Statistics (NBS) has revealed the consumer price index rose 5.1% in November on an annual basis - much faster than expected. It represented the fastest increase since July 2008 - when inflation exceeded the 6% mark. Inflation is still well in excess of the 3% target set by the Government. Last month, the Government announced measures to deal with double-digit food ...




November 12, 2010

Indian industrial output growth slows

by Kay Murchie
”Indian
Figures published today revealed a slowdown in industrial output in India - which fell to a 16-month low. India’s statistics office said output grew 4.4% on an annualised basis in September - less than expected and down from August’s 6.9% growth. Federal finance minister, Pranab Mukherjee, described the industrial slowdown as a "matter of concern" and the figure fell far short of the ...




November 11, 2010

Chinese inflation continues to accelerate

by Kay Murchie
Chinese inflation continues to accelerate
Chinese inflation continued to increase in October, driven by higher food prices. According to the National Bureau of Statistics (NBS), the closely-watched consumer price index rose 4.4% in October, up from 3.6% in September. Not only was the rate higher than analysts had expected, it represented the fastest pace since September 2008 - at the start of the global financial crisis. The rise came ...




October 31, 2010

Japanese industrial output in fourth consecutive monthly fall

by Kay Murchie
”Japanese
The Ministry of Economy Trade and Industry has revealed Japanese industrial output fell in September - the fourth consecutive monthly fall. Figures show output fell 1.9% in September compared with the previous month - way below expectations of a 0.6% fall. However, the fall was attributed to the strong yen, which is weakening demand for exports. The yen is currently hovering at ...




September 30, 2010

Japanese industrial output falls for third straight month

by Kay Murchie
Japanese industrial output falls for third straight month
The Ministry of Economy, Trade and Industry has today revealed Japan's industrial output fell for the third month in a row in August, raising further fears about the strength of the economic recovery. Output fell 0.3% in August, way below analysts expectations of a 1.1% rise. The Ministry is forecasting production to fall 0.1% in September and 2.9% in October. The figures ...




September 8, 2010

UK manufacturing output rebounds in July

by Kay Murchie
”UK
The Office for National Statistics (ONS) has today revealed UK manufacturing output grew by 0.3% in July compared with June, recovering from a drop caused by an early start to oil rig maintenance in June. The figures, which were in line with expectations, meant the annual rise stood at 4.9% - the best annual gain since December 1994. Commenting, George Buckley, UK ...




August 6, 2010

UK industrial output in surprise fall in June

by Kay Murchie
”UK
The Office for National Statistics (ONS) today revealed UK industrial output fell unexpectedly in June. According to the ONS, output fell 0.5% on the month against forecasts of a 0.2% rise. However, the fall was attributed to a 6% decline in oil and gas output. Following the announcement, the pound lost fell half a cent against the US dollar. The ONS said the ...




July 23, 2010

ONS to publish UK Q2 economic growth figures today

by Kay Murchie
”ONS
The Office for National Statistics (ONS) is scheduled to publish GDP figures for the second quarter today - the first G7 country to do so. Analysts expect growth of 0.6% for the April to June quarter - which would represent the strongest performance since before the credit crunch. Strong growth is expected to come from a recovery in industrial output, ...




June 14, 2010

India’s inflation rate surges above 10% mark

by Kay Murchie
...




May 11, 2010

NIESR: UK GDP to be revised upwards

by Kay Murchie
”NIESR:
Influential think tank, the National Institute of Social and Economic Research (NIESR) said the UK economy expanded by 0.5% in the three months to April. The Institute is expecting the Office for National Statistics (ONS) to upwardly revise its initial first quarter growth estimate. Last month, the ONS said the economy grew by just 0.2% in the first three months of ...




UK industrial output surges in March

by Kay Murchie
”UK
The Office for National Statistics (ONS) today revealed UK industrial output has experienced its fastest monthly expansion since July 2002. According to the ONS, output grew by 2% in March compared with February - far exceeding analyst expectations of a 0.3% rise. On an annual basis, output was also up 2% - the best showing since March 2004. The figures were boosted by ...




Risk of China’s economy overheating as inflation surges

by Kay Murchie
Risk of China’s economy overheating as inflation surges
Chinese inflation continued to increase last month on the back of rising house and food prices. According to China's statistics bureau, consumer prices in April were up 2.8% on an annualised basis - the highest rate in 18 months, while house price inflation hit 12.8% - fuelled by new luxury housing in Shanghai. While the figure is still below the Government's ...




April 14, 2010

Euro zone industrial production exceeds expectations in February

by Kay Murchie
’Euro
Industrial production in the euro zone exceeded expectations again in February, posting growth of 0.9% from January, while on an annual basis, output rose 4.1% - the biggest rise since April 2008. The figures were a surprise since economists had predicted a monthly gain of 0.2% and an annual rise of 2.9%, according to a Dow Jones Newswires survey ...




April 8, 2010

UK factory output recovers in February

by Kay Murchie
”UK
The Office for National Statistics (ONS) today revealed UK industrial output recovered in February after the slump experienced in January. According to the ONS, output grew by 1.3% in February after the 1% fall in January - boosted by an increase in production of food and drink, electrical and optical equipment as well as bricks and cement. On an annual basis, output was ...




March 30, 2010

Japan industrial output falls, unemployment rate unchanged

by Kay Murchie
Japan industrial output falls, unemployment rate unchanged
The recovery in the world’s second largest economy appears to be faltering after figures today revealed a fall in industrial output. Japan’s industrial output has fallen for the first time in a year, by 0.9% in February, following strong growth in the previous month, according to official figures. "The first decline in the past year in industrial output is a slightly worrying ...




March 10, 2010

UK factory output in surprise January fall

by Kay Murchie
”UK
The Office for National Statistics (ONS) today revealed UK industrial output unexpectedly fell in January - primarily due to the cold weather during the month. According to the ONS, output fell by 0.4% in January compared with the previous month and represented the largest monthly fall since August. Analysts had expected a 0.3% rise. However, on an annual basis, output was up ...




February 26, 2010

Japanese factory output and retail sales gain

by Kay Murchie
Japanese factory output and retail sales gain
The recovery in the world’s second largest economy appears to be gathering strength after figures revealed a rise in industrial output and retail sales. Official figures have today revealed retail sales rose last month for the first time since August 2008. According to the Economics Ministry, retail sales were up 2.6% from a year earlier. However, the rise was not unexpected ...




February 14, 2010

India industrial output soars 16.8% on year

by Kay Murchie
”India
Official figures have revealed further evidence of a strong recovery within India’s economy after industrial output surged by 16.8% in December compared with a year earlier - beating analysts expectations. According to analysts, the Government is likely to withdraw its stimulus measures as a result of the strong performance. The country's central bank has injected in excess of £80 billion in ...




December 21, 2009

Analysts say China’s growth target of 8% can be achieved

by Kay Murchie
”Analysts
Minister of Industry and Information Technology Li Yizhong said China’s Government is targeting economic growth of around 8% in 2010. In a bid to boost China’s economy, which is the world’s third largest, the Government embarked on a massive stimulus package of infrastructure projects to create jobs. The stimulus package appears to have been successful after the economy continues ...




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