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Author Archives: Top News Editor

Germany’s Industrial Output Declines In September

Germany’s industrial production declined more-than-expected in September, but the output expanded for the third quarter as a whole, signaling a robust underlying trend. Industrial production fell 1.6 percent month-on-month in September, in contrast to August’s 2.6 percent increase, data from ...

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German Factory Orders Grow Unexpectedly In September

Germany’s factory orders increased unexpectedly in September driven by foreign demand, while domestic orders remained weak. Factory orders grew 1 percent month-on-month in September, but slower than August’s revised 4.1 percent increase, data from Destatis revealed Monday. This was the ...

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UK Service Sector Expands Most In 6 Months On Strong Orders

The UK service sector expanded at the strongest pace in six months in October, largely driven by improved order books and client demand, survey data from IHS Markit showed Friday. The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers’ ...

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