Rise in eurozone industrial production points to recession's endOctober 14th, 2009 BERLIN - Industrial production in the 16-member eurozone rose in August, the Europe's statistics office said Wednesday, adding to evidence of an end to the recession in the currency bloc. Eurostat said output rose by 0.9 percent month on month in August and revised up the July figure to a 0.2 percent increase.
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.
China's industrial output up 12.3 percent in AugustSeptember 11th, 2009 BEIJING - China's industrial output accelerated 12.3 percent in August from a year earlier, after gaining 10.8 percent in July, the National Bureau of Statistics said Friday. The August growth rate was 0.5 percentage points lower than the growth figure for the like month last year, but 1.5 percentage points up from July.
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.
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.
EU car makers say output likely to fall 25 percent this yearJuly 14th, 2009 EU car makers expect 25 pct output drop in 2009BRUSSELS — Car output in Europe is likely to fall by a quarter this year as government handouts to car buyers fail to halt a major slump, EU car makers said Tuesday. European car manufacturer association ACEA said "cash-for-clunkers" programs in 13 European nations had helped boost sales of small cars but had failed to make a major dent in overall demand.
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.
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.
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.
Euro zone industrial output shrinks 2 percent in March, double market expectationsMay 13th, 2009 Euro zone industrial output shrinks 2 pct in MarchLONDON — The 16 countries that use the euro currency saw industrial output shrink by 2 percent in March from the previous month, pushing the annual rate of decline to a new record, the EU's statistics office said Wednesday. The drop was far bigger than expected.
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.