industrial

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German Industrial Orders Decline by 0.4% in April, Surpassing Expectations

The Federal Statistical Office of Germany has reported a decline in industrial orders for the month of April, primarily driven by a decrease in large orders. However, the figures still surpassed analysts’ expectations. Following seasonal and calendar adjustments, industrial orders experienced a 0.4% drop on a month-on-month basis. This result contrasts with analysts’ predictions of …

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South Korea’s Industrial Production and Retail Sales Experience Slowdown in April

The Bureau of Statistics in South Korea has released data revealing a significant decline in the country’s industrial production and retail sales in the month of April. The drop in industrial production can be primarily attributed to the continued slowdown in chip manufacturing, while the manufacturing sector witnessed a record high in inventories. Industrial production …

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China’s Industrial Profits Witness Decline in the First Four Months, Reflecting Weak Demand and Economic Slowdown

China’s industrial sector has experienced a continued decline in profits during the first four months of this year, underscoring the prevailing weakness in demand and a significant drop in industrial prices across the country. According to the data released by the National Bureau of Statistics (NBS) of China, industrial profits have fallen by 20.6% during …

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Federal Reserve Reports 0.5% Increase in US Industrial Production in April

According to the Federal Reserve, overall industrial production in the United States saw a notable 0.5% rise in April, following a period of stagnation in March. The industrial production figures encompass the adjustments observed in the factory, mining, and utilities sectors, providing a comprehensive view of the country’s industrial activity. In April, factory production experienced …

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China reveals retail sales and industrial output below expectations in April

China’s National Bureau of Statistics (NBS) reported that the country’s industrial output and retail sales growth were below expectations in April. These results suggest that the Chinese economy may weaken further in the second half of this year. The disappointing figures also indicate that China’s economic recovery from the COVID-19 pandemic remains weak. According to …

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Industrial Sentiment Index for April in Thailand Declines for the Fourth Consecutive Month amid Concerns about Rising Costs and Interest

The Federation of Thai Industries (FTI) recently released the results of the Industrial Confidence Index survey for April 2023, which stood at 95.0, down from 97.8 in March. This marks the first decline in four months, with almost every component of the index, including total orders, total sales, production, and operating results, experiencing a drop, …

Industrial Sentiment Index for April in Thailand Declines for the Fourth Consecutive Month amid Concerns about Rising Costs and Interest Read More »

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German Industrial Production Drops by 3.4% in March

According to Germany’s Federal Statistical Office (Destatis), the country’s industrial production declined by 3.4% in March on a month-on-month basis, after rebounding for two consecutive months. The figures indicate that German car production plummeted by 6.5% in March, while new orders fell by 10.7%. The decline in industrial production has raised concerns about the nation’s …

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Germany’s Industrial Production Falls 3.4% in March, Driven by Weak Automotive Sector

The German Statistical Office released new data today showing a 3.4% drop in industrial production for March compared to the previous month, well below the 1.3% decline that analysts had predicted. The report attributes the decline to weak performance in the automotive sector. Despite the monthly decline, Germany’s industrial production rose 1.56% compared to the …

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Japan’s Industrial Output in March Rose 0.8%, Expected Further Growth in April-May

Japan’s industrial output in March saw a rise of 0.8% from February, marking the second consecutive month of gains, according to the latest data from the Ministry of Economy, Trade and Industry. The factory and mining production index was reported to be 95.7, against the 2015 base of 100, after experiencing a 4.6% rise in …

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South Korea’s March Industrial Output Rose 1.6%, Thanks to Chip Production

South Korea’s industrial output and retail sales have shown positive growth in March, driven by the semiconductor manufacturing sector, according to the latest data released by the country’s statistical office. Industrial output rose 1.6% in March, compared to a 0.7% increase in February, with output in mining, manufacturing, gas, and electricity rising 5.1%, supported by …

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