Friday, Nov 29, 2024

International Finance

Category : Economy

India’s industrial output in May highest since 2012-end

International Finance Desk
by International Finance Desk
Independent survey of manufacturing sector indicates that uptrend continued in June with factory output expanding for the eighth successive month, reports Team IFM New Delhi, July 18: India’s industrial output grew to a 19-month high in May, topping analysts’ predictions and goading corporate India to talk of a recovery “on the anvil”, while an independent...
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Singapore’s factory output dips, drags down Q2 growth

International Finance Desk
by International Finance Desk
Island nation’s growth forecast for 2014 also revised downward following reversal after first quarter growth, reports Team IFM Singapore, July 18, 2014: Singapore’s growth shrunk in the second quarter after notching an ascent in the first, primarily because of a decline in the manufacturing sector, prompting financial institutions to downgrade their GDP foresight for 2014...
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UK’s growth to slow down in second half: The Conference Board

International Finance Desk
by International Finance Desk
But some surveys point to orders expanding in manufacturing, construction and services leading to fresh recruitment, reports Team IFM London, July 18, 2104: Britain is set for a slower growth trajectory in the second half of the year, according to a widely-followed index gauging perceptions on future economic conditions, even as a slew of surveys...
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Concerns about stagnation in Germany

International Finance Desk
by International Finance Desk
he ZEW index, which measures investors’ confidence, continued its recent downward trend and decreased in July for the seventh month in a row July 16, 2014: While the World Cup trophy just landed in Berlin, the German ZEW index sends more signs of caution. The ZEW index, which measures investors’ confidence, continued its recent downward...
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Mexican inflation rate up, but stays below predictions

International Finance Desk
by International Finance Desk
Independent survey says manufacturing sector witnessed moderate improvement in business conditions, reports Team IFM Mexico City, July 15, 2014: Mexico saw consumer prices rising moderately in June following two consecutive monthly declines from the preceding month, the increase driven primarily by jumps in processed food and services prices after the central bank cut interest rates...
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French woes continue, industrial output falls in May

International Finance Desk
by International Finance Desk
Unofficial survey brings no good news for June as output levels and new orders witness sharp decline, reports Team IFM Paris, July 15, 2014: Quick recovery continues to prove elusive for France, the world’s fifth largest economy by nominal GDP, with industrial production taking a plunge in May, accompanied by inflation that hit its lowest...
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French trade deficit widens in May, growth crawls

International Finance Desk
by International Finance Desk
Central bank keeps sentiment indicator for manufacturing sector unchanged below long-term average, reports Team IFM Paris, July 14, 2014: The slowdown continues to chase France, with official data showing its trade deficit widening in May compared to the preceding month as imports rebounded, confirming findings of an independent survey that said the world’s fifth largest...
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Germany’s trade surplus widens, but exports fall

International Finance Desk
by International Finance Desk
Euro zone’s largest economy also sees manufacturing turnover fall 1.9 percent in May, reports Team IFM Wiesbaden, July 14: Germany saw both exports and imports falling in May compared to the preceding month, with the turnover of the manufacturing sector too taking a tumble, official data released on Tuesday showed, reflecting a slowdown and endorsing...
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China June inflation up, but in line with forecasts

International Finance Desk
by International Finance Desk
HSBC survey shows factory output rising for the first time since January, reports Team IFM Beijing, July 14, 2014: Consumer price rise eased a tad in June in China compared to May, official data released on July 9 said, even as an independent survey of its manufacturing sector – a gauge of the economy’s health...
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UK factory output dips in May, stuns experts

International Finance Desk
by International Finance Desk
Explanation sought in ‘seasonal influences’ and British business lobby says this is enough reason to keep interest rates low, reports Team IFM London, July 11, 2014: Economists and analysts were left groping for an explanation as the UK, said to have reached pre-meltdown growth levels by May-end and forecast to dethrone France as the fifth...
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