U.S. manufacturing output rose 0.2% in February, beating expectations as motor vehicle assemblies and electrical equipment drove gains, while industrial production also climbed 0.2% despite a decline in utilities, according to Federal Reserve data.
#YonhapInfomax #ManufacturingProduction #FederalReserve #MotorVehicleAssemblies #IndustrialProduction #CapacityUtilization #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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US February Manufacturing Output Rises 0.2% on Strong Auto Assembly

U.S. manufacturing output rose 0.2% in February, beating expectations as motor vehicle assemblies and electrical equipment drove gains, while industrial production also climbed 0.2% despite a decline in utilities, according to Federal Reserve data.

Yonhap Infomax
South Korea's all-industry production fell 1.3% in January as semiconductor output declined 4.4%, though retail sales rose 2.3% for a second consecutive month and facility investment surged 6.8%, marking the first positive growth in four months amid mixed economic signals.
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KDI reports expanding economic downside risks for third consecutive month, citing construction slump and worsening export conditions as key factors impacting South Korea's economy.
#YonhapInfomax #KDI #EconomicDownsideRisks #ConstructionSlump #ExportConditions #ManufacturingProduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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#UK's #IndustrialProduction (MoM) for May rose by 0.2%, below the forecast of 0.3% but improved from April's -0.9%. #ManufacturingProduction (MoM) for May matched expectations at 0.4%, rebounding from April's -1.6%. #Economy #GBP
Similarly, in the #UK #ManufacturingProduction also saw a slight uptick, rising by 0.3% month-on-month in March, compared to the previous figure of 1.2%, and outperforming the consensus forecast of -0.5%. #Economy
#ManufacturingProduction in the #UK ramps up with a 1.2% increase, surpassing the modest 0.1% prediction. #TradeDeficit narrows slightly to -£14.21B, better than the -£14.50B forecast.