Eurozone Factory Output Still Falling
Eurozone Factory Output Still Falling

Eurozone Factory Output Still Falling

Eurozone Factory Output Still Falling

Industrial production in the eurozone declined for a third consecutive month in February, an indication that economic growth may be slowing as the European Central Bank is to take a key decision over its stimulus program, MNA reported. The European Union’s statistics agency reported last week that industrial output fell by 0.8% month-on-month in February, following a 0.6% drop in January. This was the third consecutive drop and came in contrast to the expected growth of 0.1%. If sustained, a drop in output would make it difficult for the economy to expand at a similar rate as last year. Meanwhile, economic growth in the UK eased in the first quarter as severe weather disrupted activity across major sectors in March, the National Institute of Economic and Social Research reported last week. According to monthly estimates of GDP, output growth eased to 0.2% in the first quarter of 2018 from 0.4% in the fourth quarter of 2017, the think-tank said.

Short URL : https://goo.gl/ketktW
  1. https://goo.gl/tvBKdF
  • https://goo.gl/eY79jP
  • https://goo.gl/CWjp1e
  • https://goo.gl/8rbvqE
  • https://goo.gl/j63ntU

You can also read ...

The S&P Mumbai Stock Index Sensex shed 73.88 points or 0.21% and closed at 35,548.26 while the Nifty50 index dropped by  17.85 points or 0.17% and settled at 10,799.85.
It is expected that the latest installment of concerns over...
Markets in Argentina, Brazil and Turkey took  the biggest hits from the fed rate hike.
Higher US rates are rattling many emerging markets in much the...
New Zealand Economy Facing Headwinds
New Zealand’s economic growth is expected to have slowed...
JPMorgan argues the record levels of debt in the US are a clear late-cycle indicator—and sees tough times ahead, at least in credit markets.
It seems like every time Joseph Harvey opens the Wall Street...
Copper Slips to 2-Week Low
Copper eased for a third session on Monday on fears trade...
Without users, it would simply be a worthless token.
Cryptocurrencies are not scalable and are more likely to...
Egyptian Lawmakers Decry Sisi Gov’t Economic Reforms
A group of Egyptian lawmakers on Sunday criticized recent...
Turkey Jobless Rate Falls to 10.1%
Turkey’s unemployment rate stood at 10.1% in March, falling 1....

Add new comment

Read our comment policy before posting your viewpoints