23294
Eurozone Factory Production Drops
World Economy

Eurozone Factory Production Drops

According to a Eurostat report released Wednesday, industrial production in the eurozone is decelerating, but the recovery year-on-year in the eurozone economy appears to be still on track. Or this is the main message of the crucial industrial production indicator, Neweurope reported. In June 2015, compared with May 2015, seasonally adjusted industrial production fell by 0.4% in the eurozone (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In May 2015, industrial production decreased by 0.2% and 0.1% respectively. Year on year, the recovery still appears to be on track. On an annual basis, eurozone industrial production increased by 1.2% in June 2015, compared with June 2014. Among member states, for which data are available, the highest increases in industrial production compared to 2014 were registered in Ireland (+27.6%), Denmark (+7.6%), Lithuania (+6.9%) and Slovakia (+6.4%). The largest decreases were observed in Greece (-4.6%), Estonia (-3.4%), the Netherlands (-2.4%), Finland (-1.1%) and Italy (-0.3%).

Short URL : http://goo.gl/8lvvll

You can also read ...

Norway CB to Develop Digital Currency
Norway’s central bank, Norges Bank, is considering developing...
Higher oil prices mean more money in the oil industry’s pockets and that will spillover into wages, jobs and tax revenue.
Canada’s economy continues to show signs of strength, but not...
Exports of cloth, cotton yarn and  value-added textiles make up almost 60% of the total exports.
Businessmen in Pakistan have expressed concern over the...
Fraud, Money-Laundering on the Rise in Singapore
Over a third of Singapore businesses said they were hit by...
Corporate Japan Learns to Boost Profitability
Japanese listed companies continue to improve their ability to...
Opening up the automobile sector to foreign firms put an end to a “protection period” for domestic brands.  The picture shows Tesla enters China’s domestic car brands.
The constant widening of opening up in China's manufacturing...
Fake Ramadan Discounts in Sharjah
Commercial outlets and shops with fake promotional offers and...
Vietnam Trade, Service Sectors Need Revision
The development of wholesale and retail infrastructure in...

Trending

Googleplus