Trademagazin > News and articles > Market News > The weak industrial production data of January surprised the analysts
The weak industrial production data of January surprised the analysts
Analysts are surprised by the weak industrial production data for January, because they expected higher production levels, and although they can not see clearly all processes, they consider that this year’s production growth will be below last year’s.
The Central Statistical Office (KSH) announced on Wednesday that the volume of industrial production fell by 0.5 percent in January, compared to the same period of the last year. Compared to the previous month, the seasonally and working day adjusted industrial production index shows a 2.1 percent increase in January. (MTI)
Related news
More related news >
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >