Industrial GDP in the fourth quarter of 2019 increased by only 7.92%, much lower than that of the third quarter (10.42%) and the first 9 months of 2019 (9.56%). Growth of metal ore mining cannot make up for the whole mining industry Growth of the mining industry decreased by 0.92% in the fourth quarter of 2019. Crude…
Tag: manufacturing
Ep 78: Exports Fan
What’s Going On Here? A key survey of eurozone activity showed the bloc’s export-driven manufacturing sector – though still shrinking – ticked up in November. What Does This Mean? The promising data for the eurozone’s manufacturing sector raised hopes that the worst of the region’s recent industrial slump may finally be over. But the bloc still has…
Ep 22: Sinking Island
What’s Going On Here? The UK’s manufacturing output in April fell by the most in over 17 years; The British economy shrank. What Does This Mean? British manufacturing production in April fell by 3.9% compared to March. Brexit was partly to blame. With the UK initially planning to leave the EU in March, companies stockpiled goods in anticipation of potential supply shortages, helping…
with HT 