Dutch manufacturing declines for a fourth straight month

Source: Bloomberg
Dutch industrial production fell in December extending contraction for a fourth month in a row, said NEVI, Dutch research institute. The manufacturing gauge increased to 46.2 in December, compared to 46.0 in November. However the reading still is below 50.0, signalling contraction. Dutch PMI fell below 50 in September as budget cuts and slowing world trade began to harm demand.

 

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Mon, 02 Jan 2012 13:47:45 GMT

Hyundai and Kia expect lower pace of sales growth

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Mon, 02 Jan 2012 12:04:38 GMT

Manufacturing activity is still contracting in Europe but at a slower pace

Industrial production activity across Euro Zone countries indicated a contraction for a fifth straight month. Purchasing Managers' Index in December climbed to 46.9, rebounding from 28-month record low of 46.4 in November. The reading shows that production activity continued to decline but at slower pace than before. PMI survey confirms European manufacturers are highly concerned with domestic demand, pointed out Howard Archer, IHS Global Insight's chief

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