In June 2018, industrial production in the euro area declined by 0.7% compared to May, when the index rose by 1.4%, according to Eurostat. Analysts had predicted an increase of 0.4%. In annual terms, industrial production grew by 2.5%. Experts had expected an increase of 2.4%. Industrial production in the 28 EU countries fell in June by 0.5% compared to May and grew by 2.6% in annual terms. In monthly terms, the biggest decline was observed in Ireland - by 8.9%, and in the Netherlands - by 1.3%. The highest growth was registered in Croatia - by 4.5%, and Romania - by 1.7%.
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 ...
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
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 ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...