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In March 2018, industrial production in the euro area increased by 0.5% compared to February, when the figure fell by 0.9%, according to the data of the Statistical Office Eurostat. In annual terms, the volume of industrial production in the eurozone grew by 3%. The analysts had expected the first indicator to increase by 0.7%, the second one - by 3.6%. In the EU countries, industrial production growth in March compared to the previous month was 0.4%, compared to March of last year - 3%. The most significant growth in monthly terms was recorded in Estonia - by 4.1%, and Portugal - by 3.7%. The largest decline was observed in Ireland - by 7%, and Croatia - by 4.3%.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
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