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Industrial production in the Czech Republic, excluding adjustments in June, increased by 3.4% in annual terms, according to the Czech Office for National Statistics, finversia, ru reported. The growth of the indicator has been noted for three months in a row. Analysts had expected an increase of only 2%. The volume of production in the mining industry increased in annual terms by 9%, in the manufacturing industry - by 2.1%. Compared with the previous month, industrial production grew by 1.5%, taking into account seasonal fluctuations. The statistical office also reported that in June the growth in production in the construction sector slowed in annual terms to 7.5% from 10.1% in May. Relative to the previous month, the indicator grew by 0.2%.
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 ...
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 ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
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