Wednesday, May 27, 2015   

Eurozone factory output down in March
(05-14 17:05)

Eurozone industrial output fell in March, official data showed on Wednesday, consistent with recent data showing the economic recovery to be patchy so far.
Industrial output in the 18-nation eurozone dropped 0.3 percent in March compared with the figure for February when it gained 0.2 percent, the Eurostat statistics agency said.
Compared with March 2013, eurozone industrial output was down 0.1 percent, after posting a year-on-year gain of 1.7 percent in February.
In the full 28-member European Union, March industrial output was down 0.2 percent compared with February but was up 0.5 percent on a year-on-year basis.
The indicator is volatile but remains an important pointer to the overall health of the economy which escaped a record recession in second quarter 2013.
Since then, the economy has continued to make ground slowly, with analysts looking to first quarter growth figures due Thursday to confirm the upward trend. --AFP
   
Other Business breaking news:
Yunnan Water climbs at mid-day break (35 mins ago)
Greenback near eight-year high against yen (1 hr ago)
Organized crime suspected in US tax data theft (1 hr 4 mins ago)
Hang Seng slips at break (1 hr 35 mins ago)
China coal output falls in first 4 months of year (1 hr 52 mins ago)
Oil prices rebound in Asia (1 hr 56 mins ago)
Nikkei lower at break (2 hrs 7 mins ago)
Deutsche Bank fined US$55m for misstating potential losses (2 hrs 21 mins ago)
Snapchat founder warns of tech bubble, floats idea of public offering (2 hrs 29 mins ago)
China industrial incomes rise (05-27 10:38)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.