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.
Industrial output rises to 6.8 percent in first quarterSeptember 11th, 2009 NEW DELHI - Country's industrial output rose 6.8 percent in July from a year earlier, in line with estimates, data showed on Friday, riding on higher demand for goods such as cars and higher mining activity. The industrial recovery may offset for interval of agricultural production attacked by irregular monsoon and help the economy.
Kuwaiti oil minister says OPEC production target revision not needed nowSeptember 9th, 2009 Kuwait: No need for OPEC output cutVIENNA — Kuwait's oil minister says OPEC's markets monitoring committee will recommend the 12-member producer group keep its output targets unchanged when it meets Wednesday. Sheik Ahmed Al Abullah Al Sabah says, however, that members of the Organization of Petroleum Exporting Countries need to boost compliance with earlier cuts.
Industry group says world steel output fell 21 percent in first 6 months of 2009July 20th, 2009 World steel output down 21 pct in first 6 monthsBRUSSELS — World steel output plunged 21.3 percent in the first six months of 2009 from a year ago, the main steel industry group said Monday. Chinese and Indian steel makers were the only major producers to increase output in the first half, the World Steel Association said.
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.
UK manufacturing output falls 1.2 percent in March-May quarter, dampens hopes of recoveryJuly 7th, 2009 UK mfg output down 1.2 percent in quarterLONDON — The government is reporting that U.K. manufacturing output fell by 1.2 percent in the March-May quarter compared to the previous three months.
Haryana foodgrain production hits new highJune 2nd, 2009 CHANDIGARH - Haryana has achieved a new high in foodgrain production with an output of 10.08 million tonnes during 2008-09, an official spokesman said here Tuesday. With wheat production increasing to 10.05 million tonnes in 2008-09 from 10.02 million tonnes in 2007-08, the state recorded an all-time high productivity of 42.68 quintals of wheat per hectare.
Japan's major automakers cut output in AprilMay 28th, 2009 TOKYO - Japan's major automakers suffered production cuts in April amid declining sales caused by the global economic turmoil, the firms said Thursday. Leading carmaker Toyota Motor Corp's global output plunged almost 50 percent in April to 366,125 units from the corresponding month a year before, it said.
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.
India's wheat production estimated to surpass record 78 million tonesMarch 25th, 2009 NEW DELHI - The country is going to witness record production of wheat consecutively for the second year with output estimated to surpass 78 million tonnes. Last year, 78.57 million tonnes of wheat was produced, which was the highest ever in the history of India.
OPEC ready for more output cuts to boost oil pricesJanuary 30th, 2009 VIENNA - The Organisation of the Petroleum Exporting Countries (OPEC) would further reduce output if oil prices remain low, a top official of the Vienna-based cartel has said. OPEC Secretary General Abdullah al-Badri made the remarks at the annual meeting of the World Economic Forum in Davos Friday, IRNA reported.
Petrobras says its oil, gas output increased in 2008January 16th, 2009 RIO DE JANEIRO - Brazil's energy giant Petrobras has announced that its oil and gas output increased by 4.3 percent in 2008, EFE reported Saturday. The company produced an average of 2.4 million barrels of crude per day at its plants inside and outside the country.
Singapore's manufacturing output declinesDecember 25th, 2008 SINGAPORE - Singapore's manufacturing output in November declined by 7.5 percent compared with the same month last year, according to the Economic Development Board Friday. On a seasonally adjusted month-on-month basis, output rose 6.2 percent in November, due to a higher level of production in the biomedical manufacturing cluster, the state agency said.
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