industrial

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Germany’s Industrial Production Declines for Fifth Consecutive Month

According to the German Federal Statistical Office’s recent report, industrial production in Germany witnessed a 0.4% decline in October, marking the fifth consecutive month of contraction. This figure fell notably short of analysts’ projections, which had anticipated a 0.2% increase. The slump was particularly pronounced in the mechanical engineering sector, plunging by 6.3%, with several …

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Japanese Industrial Production Surges by 1.0% in October, Exceeding Forecasts

In a robust surge, Japan’s industrial output climbed by 1.0% month-on-month during October, surpassing market expectations that had anticipated a more modest increase of 0.8%. The data released by Japan’s Ministry of Economy, Trade, and Industry has underscored a promising growth trajectory within the country’s industrial sector. This unexpected rise in industrial production in October …

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China’s October Industrial Profits Show 2.7% Increase, Suggesting Deflationary Impact

The National Bureau of Statistics of China (NBS) recently released data revealing a mere 2.7% year-on-year increase in profits for Chinese industrial companies in October. This figure marks a notable slowdown compared to the robust expansions of 11.9% in September and 17.2% in August, signaling ongoing deflationary pressures within the Chinese economy. Analysts predict that …

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China’s October Industrial Output Grows by 4.6%: National Bureau of Statistics Report

China’s National Bureau of Statistics released data indicating a significant upturn in the country’s value-added industrial output, a pivotal economic gauge, showing a robust 4.6% increase in October year-on-year. The report highlighted distinct growth patterns across sectors, with the mining and manufacturing sectors surging by 2.9% and 5.1% respectively. Furthermore, the production and distribution of …

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China’s October Retail Sales and Industrial Output Surpass Expectations

China’s economic indicators for October have exceeded forecasts, as reported by the National Bureau of Statistics (NBS). Retail sales in the country surged by 7.6% year-on-year, surpassing analysts’ projections of a 7% increase. Additionally, industrial production saw a robust rise of 4.6% year-on-year, outperforming expectations set at 4.4%. However, the growth in fixed asset investment …

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Germany’s Industrial Production in September Falls Sharply, Underperforming Expectations

In a surprising turn of events, the German Statistical Office has reported a significant decline in industrial production for the month of September. The data indicates a drop of 1.4% compared to the previous month, marking a more substantial decrease than anticipated. The decline is largely attributed to recent decreases in the volume of new …

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Germany Reports Surprise Increase in Industrial Orders for September, Defying Expectations

In a surprising turn of events, the German Federal Statistical Office has unveiled data indicating an unexpected upturn in the country’s industrial orders during the month of September. This unexpected surge in orders has raised hopes that the production challenges that have plagued Germany’s economy may be showing signs of improvement. According to the report, …

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Thailand’s September Industrial Production Index Continues to Contract as Global Exports Slow Down

The Office of Industrial Economics (OIE) has unveiled concerning data indicating a persistent decline in Thailand’s Industrial Production Index (MPI) for September, registering at 91.60. This figure represents a substantial contraction of 6.06% Year-on-Year (YoY). The trend carries forward for the initial nine months of 2023, as the MPI stands at 94.31, demonstrating a YoY …

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South Korea’s Industrial Output Surges Beyond Expectations in September Driven by Robust Chip Production

South Korea’s industrial output has witnessed an impressive surge for the second consecutive month in September, surpassing market expectations. The driving force behind this growth was the remarkable increase in semiconductor chip production. The Korean Statistical Office recently released data indicating that South Korea’s seasonally adjusted industrial production index for September experienced a substantial 1.8% …

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Japanese Industrial Production Rebounds in September on Surging Car Manufacturing

Japan’s industrial production made a remarkable recovery in September, breaking a streak of two consecutive months of decline. While the increase was seen as a positive sign, it fell short of economists’ expectations. According to Japan’s Ministry of Economy, Trade and Industry (METI), industrial output in the country rose by 0.2% month-on-month in September. This …

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