Summary Box: Industrial production grows more than expected, inflation remains in checkSeptember 16th, 2009 Summary Box: Industrial production rose last monthMORE GROWTH, NO INFLATION: Government data show the nation's factories, mines and utilities boosted production for the second straight month in August, the latest sign of an economic recovery. At the same time, inflation remains in check.
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.
German exports up 2.3 percent on the month in July; industrial production down 0.9 percentSeptember 8th, 2009 German exports up 2.3 pct in JulyFRANKFURT — German exports were up 2.3 percent on the month in July, showing their third consecutive monthly improvement, though industrial production fell 0.9 percent for the month, official data showed Tuesday. Germany exported goods and services worth euro70.5 billion ($101 billion) in July, the Federal Statistical Office said in a preliminary report.
Euro zone industrial orders rise 3.1 percent in June from May, down in wider EUAugust 24th, 2009 Euro zone industrial orders rise in JuneLONDON — Industrial orders in the 16-nation euro zone rose 3.1 percent in June from the quarter before, official data showed Monday, suggesting the manufacturing sector could be emerging from recession. The European statistics agency Eurostat said new orders — a key gauge of industry's future growth — rose in both France and Germany, which emerged from recession in the second quarter, as well as Ireland, which has been among the hardest-hit by the global economic crisis.
Industrial sector records 7.8 percent growth in JuneAugust 12th, 2009 NEW DELHI - Industrial production sector has recorded a 7.8 per cent growth in June as compared to 2.7 per cent a month before. Led by a recovery in manufacturing sector, which accounts for two-thirds of the industrial production, the 7.3 per cent growth indicates a return of consumer demand in the market.
Industrial production logs smaller-than-expected dip in June but weakness still widespreadJuly 15th, 2009 Industrial activity logs smaller-than-expected dipWASHINGTON — Industrial companies cut back production yet again in June but not nearly as deeply as they have been, another sign the recession is easing its grip. The Federal Reserve reported Wednesday that production at the nation's factories, mines and utilities fell 0.4 percent last month as the recession crimped demand for a wide range of manufactured goods, including cars, machinery and household appliances.
Infrastructure growth will drive India's industrial activity: Moody'sJuly 10th, 2009 NEW DELHI - India's infrastructure development is likely to be one of the key drivers of industrial activity, which will see an upturn in a few months, the research arm of Moody's said Friday. Indias industrial performance thus far in the financial year has been stronger than expected.
German iron, steel output for June falls 45 percent as recession cuts into demandJuly 7th, 2009 German iron, steel output falls 45 percentFRANKFURT — German iron and steel output for June fell sharply as the world recession continued to cut into demand for the country's machinery and car exports, the Federal Statistical Office reported Tuesday. The Wiesbaden-based office said Germany's producers made 1.44 million metric tons (1.59 US tons) of iron for the month, a 45 percent decline over the same month last year, while they made 2.5 million metric tons (2.76 US tons) of steel, a 41 percent decline.
Japan auto production falls in May for 8th straight month of declinesJune 29th, 2009 Japan auto production falls for 8th straight monthTOKYO — Japan's auto production fell for the eighth straight month in May, plummeting 41.4 percent from a year earlier, as the nation's top industry continued to be hammered by the global slowdown. Japan produced 542,282 vehicles in May, the Japan Automobile Manufacturers Association said Monday in a monthly report.
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.
India's industrial output falls 2.3 percent in MarchMay 12th, 2009 NEW DELHI - India's industrial output fell for the third consecutive month in March by a steep 2.3 percent compared to the corresponding month last year, according to government data released Tuesday. This was the third fall in four months.
'Energy deficit to hit industrial production in May-June'April 17th, 2009 NEW DELHI - Industrial production in the northern and western regions is likely to decline nearly 30 percent in May and June due to a worsening power deficit, said a report by an industry lobby released Friday. Currently, according to the Associated Chambers of Commerce and Industry of India (Assocham), industrial units in the region do not receive 18 percent of the power they require.
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.
India's industrial production falls 0.5 percent in JanuaryMarch 12th, 2009 NEW DELHI - India's industrial production fell 0.5 percent in January to log a decline for the second month in a row, despite the stimulus packages announced by the government to pump prime the economy in the wake of the global slowdown. The slide, based on the official data on index of industrial production released by the industry ministry Thursday, was on account of a 0.8 percent drop in manufacturing index and a 0.4 percent fall in the index for mining.
India's industrial production falls 2 percent in DecemberFebruary 11th, 2009 NEW DELHI - After a marginal recovery in November, India's industrial production fell 2 percent the next month with no signs of abatement in the impact of the global meltdown on the country's economy. Data on the Index of Industrial Production (IIP) released Thursday also showed that the index for manufacturing, that has the maximum weight, fell 2.5 percent, versus 8.6 percent in the like month of previous fiscal.