33768
German Production Drops
World Economy

German Production Drops

Industrial production in Germany fell 0.3% in November from a 0.5% gain in October, according to data released by Destatis, ShareCast News reported. The figure fell well short of economists’ expectations for a 0.5% increase. Meanwhile, production rose 0.1% from the same month the previous year, weaker than the 0.4% increase registered in October. In separate data released on Friday, Destatis said seasonally-adjusted German exports rose 0.4% in November compared with a 1.3% drop in October, while imports were up 1.6% versus a 3.2% decline the previous month. This narrowed the foreign trade surplus to €19.7 billion ($21.4 billion) from €20.5 billion.

 

Short URL : https://goo.gl/u7Sczh
  1. https://goo.gl/UM0KYD
  • https://goo.gl/fBNHxP
  • https://goo.gl/uXuM8R
  • https://goo.gl/scbzCZ
  • https://goo.gl/MdjyNY

You can also read ...

Report says China’s economic development must rely on integration between innovation and industrial production,  and work must be done to ensure that innovation progress was passed on to production.
China's new economy will account for an estimated 12% of the...
The process of building a new government could take weeks, so markets may well move on from the result quickly.
Politics dominated trading on Monday, with the euro sliding as...
World countries are casting a shadow on the future of the global economic system.
Next month, when finance ministers and central bank governors...
The economy’s return to growth has eased pressure  on the authorities.
Now that Nigeria’s economy is recovering from its worst slump...
One mining services company said it laid off more than 50 employees.
New laws and a crackdown on mining firms in Tanzania has...
Securitization a Key Funding Tool for European Economy
Analysis of European Central Bank and Bank of England data...
US to See Slower Growth
The pace of US economic growth will stay stuck in the low 2%...
The Housing Pulse rose again, as the shortage of supply and increasing demand for properties continues to bite.
Bank of Ireland’s monthly Economic Pulse report, which...

Trending

Googleplus