Eurozone industrial production rises 0.9 percent in August, sustaining recovery hopesOctober 14th, 2009 Euro industry output rises 0.9 percent in AugustBRUSSELS — Industrial output in the 16 nations that use the euro rose 0.9 percent in August from a month earlier, the EU statistics agency said Wednesday, suggesting the region's economy is recovering gradually. Higher production of durable consumer goods, including household appliances, was the main force behind the monthly climb, Eurostat said.
Industry to grow 7.5-8 percent this fiscal: RangarajanOctober 12th, 2009 NEW DELHI - India's industrial recovery is well on track and the manufacturing output would expand by 7.5-8 percent this fiscal, a key economic adviser of the government said here Monday. "I think that the industrial production number clearly indicates that industrial recovery is well on the way," Prime Minister's Economic Advisory Committee Chairman C.
India's industrial output up 10.4 percent in AugustOctober 12th, 2009 NEW DELHI - Further signs of recovery in Indian industry emerged Monday with the latest official data indicating a growth of 10.4 percent in industrial production during August this year - highest in the last 22 months - over the corresponding month last year. The index for industrial production grew 10.4 percent in the month, as per the data released by the Central Statistical Organisation here.
Industrial production up 10.4 percent in August (Second Lead)October 12th, 2009 NEW DELHI - Further signs of recovery in Indian industry emerged Monday with the latest official data indicating a growth of 10.4 percent in industrial production during August this year - highest in the last 22 months - over the corresponding month last year. The index for industrial production (IIP) grew 10.4 percent in the month, as per the data released by the Central Statistical Organisation here.
Industrial production rises more-than-expected 0.8 percent in August, fresh sign of recoverySeptember 16th, 2009 Industrial production better than expected in Aug.WASHINGTON — Industrial companies boosted production more than expected in August, making more cars, clothing and other goods in the early stages of a broad economic recovery. The Federal Reserve said Wednesday that output at the nation's factories, mines and utilities rose 0.8 percent in August.
India's industrial output up 6.8 percent in JulySeptember 11th, 2009 NEW DELHI - Further signs of recovery in India's industry emerged Friday with the latest official data indicating a 6.8 percent growth in July over the like month last year. Notably, the manufacturing output rose 6.8 percent during the month, as per the data on the index of industrial production released by the Central Statistical Organisation here.
Industrial output down 17.4 percent in SpainSeptember 8th, 2009 MADRID - Industrial production in Spain fell 17.4 percent in July compared with the same month in 2008, the National Statistics Institute has said. The 12-month decline in July - the 15th straight month of falling industrial output - was worse than the 16 percent drop registered in June.
European industrial production falls in JuneAugust 12th, 2009 BRUSSELS - Industrial production in the 16-nation euro area posted a monthly decline of 0.6 percent in June and plummeted by 17 percent when compared to the same month last year, data released Wednesday showed. The European Union statistics office (Eurostat) said month-on-month output in the 27-member European Union also fell, by 0.2 percent.
Euro-zone industrial output down 17 percent in MayJuly 14th, 2009 Euro industry output down 17 pct in MayBRUSSELS — Industrial output in the 16 nations that use the euro sank 17 percent in May from a year earlier, the EU statistics agency said Tuesday, a somewhat milder drop than in the previous two months. Demand for European goods at home and abroad has slumped dramatically during the downturn.
Industrial output up 2.7 percent in MayJuly 10th, 2009 NEW DELHI - India's industrial production registered 2.7 percent growth in May - the highest since September last year - signalling economic recovery, fresh data showed Friday. The index of industrial production (IIP) had expanded by 1.4 percent in April, signalling the early signs of recovery.
Euro zone industrial output slumps 1.9 percent in April, down record 21.6 percent over yearJune 12th, 2009 Euro zone industrial output slumps in AprilLONDON — Industrial production in the 16 countries that use the euro slumped in April, official figures showed Friday, stoking fears that the euro zone remains in the grip of recession despite signs elsewhere that a recovery of sorts may be underway. The European Union's statistics office Eurostat said a 1.9 percent drop in April — the eighth consecutive monthly fall — pushed the annual rate of decline down to a record 21.6 percent.
Government says China's industrial output up 8.9 percent in May; retail sales up 15.2 percentJune 12th, 2009 China's retail sales, industrial output up in MayBEIJING — China's retail sales and industrial output grew strongly in May as the government spent heavily to boost growth in the world's third-largest economy amid a slump in exports. Retail sales rose 15.2 percent compared with May 2008, up from April's 14.8 percent growth rate, the National Bureau of Statistics reported Friday.
India's industrial output for April signals recoveryJune 12th, 2009 NEW DELHI - India's industrial output grew 1.4 percent in April as against a decline of 0.75 percent in March, in what analysts said can be taken as early signs of recovery. Data on index of industrial production (IIP) released by the commerce ministry Friday showed that the growth also came after two successive months of decline and was led mainly by a 7.1 percent increase in electricity generation.
India's industrial output down 2.3 percent in MarchMay 12th, 2009 NEW DELHI - India's industrial output fell for the third consecutive time in four months in March by a steep 2.3 percent compared to the same month last year, according to data released by the government Tuesday. Production in the manufacturing sector declined 3.3 percent during the month under review from the year earlier.
India's industrial output falls 1.2 percent in FebruaryApril 9th, 2009 NEW DELHI - India's industrial output fell 1.2 percent in February against a growth of 9.5 percent in the like month of last fiscal, while the provisional drop reported for January has been revised now to a marginal growth of 0.39 percent. As per data on index for industrial production (IIP) released Thursday, manufacturing output, which accounts for the bulk of the weight in the overall index, declined 1.4 percent in February, against 9.6 percent growth in the like month of last year.