U.S.industrial production grew more than forecast in November

Source: RTT News
© Scanpix/AFP

U.S. industrial production beat analysts expectations in November amid recovery of industries after the Hurricane Sandy, the Federal Reserve reported on Friday. After a 0.7% fall in the month of October, the word's largest economy production moved up by 1.1% in November compared to a 0.3% increase originally expected. Manufacturing output had the biggest impact with a 1.1% gain.

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Mon, 17 Dec 2012 16:35:08 GMT

Eurozone exports drop for second consecutive month

Export of the Eurozone fell for the second month in a row in the month of October amid high level of unemployment and as cuts in government spending weaken domestic consumption, the Eurostat reported on Monday. Exports from the 17-nation bloc declined 1.4% annually in October from the prior month, when it slipped 1.3%, while imports dropped 0.6% after a 3% decrease in August.

Mon, 17 Dec 2012 16:11:09 GMT

Turkey consumer confidence grew in November

Consumer confidence in Turkey improved in November for the first time in three months amid less pessimism of households during the month, the Statistical Office reported on Monday. The report showed rose of the consumer confidence index from October level of 85.7 points to 89.2 in November, indicating a pesimistic tendency with reading below 100 points.

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