Industrial production in the UK exceeded forecasts in March

In March, in the UK, industrial production grew by 0.7% against February. As the data of the ONS management showed, the growth rate accelerated in comparison with the rise by 0.6% in February. Its increase has been observed for the past three months. In March, growth was higher than economists' forecasts, who had expected an increase of only 0.1%. The volume of industrial production increased by 1.3% compared to the same month a year earlier, significantly exceeding the growth predicted by economists by 0.5%. The oil and gas industry showed an increase of 1.7%, while the indicator of the coal industry fell by 9.5%. The manufacturing industry increased production by 0.9% for the month and by 2.6% for the year. The oil refining industry in March reduced production by 0.4%. At the same time, the pharmaceutical industry showed an increase of 4%. And electronics production fell by 0.2%.


Annual inflation in China accelerated in April to 2.5%

In April, the annual consumer price inflation in China was 2.5%, having accelerated from March's value of 2.3%, data from the National Bureau of Statistics showed. Inflation reached its highest level since October 2018 amid rising food prices. ...

Industrial production in France fell sharply in March

Industrial production in France declined in March by 0.9% compared to February, when there was an increase of 0.1%, data from Insee showed. The sharp drop in the indicator was due to a decline in the manufacturing industry by 1% after February ...

Unemployment in Canada fell in April to 5.7%

In April, unemployment in Canada was 5.7%, dropping by 0.1 percentage points from March, official statistics show. The employment rate for the month increased by 106 thousand 500 people, and over the year it grew by 426 thousand. In percentage ...

Brazilian Vale recorded a loss in the first quarter

Brazilian company Vale, the world's largest producer of iron ore and nickel, reported a net loss of $1.642 billion in the first quarter of 2019 against a net profit of $1.590 billion a year earlier. For the first time in history, the company ...

US inflation accelerated to 2% in April

The US Department of Labor released inflation data in April. Consumer prices rose by 2% over the year, pointing to accelerated inflation relative to price increases of 1.9% in March, and noting its highest level since November 2018. According ...
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