Italian manufacturing expands amid rise in output and orders

Source: RTT News
Activity in the production sector of Italy continued to expand in the last month, as the increase in number of new orders and manufacturing output led the employment level in the country to show the first advance since May 2011. The benchmark PMI Index for the manufacturing sector of Italian economy jumped to 51.4 points in November against 50.7 in October, matching analysts' expectations.
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Mon, 02 Dec 2013 15:40:04 GMT

Greek manufacturing activity slows as factory output rises

The manufacturing sector of Greece continued to decline in November of this year, however, the pace of activity decrease slowed to its lowest level since September 2009. The data from Markit Economics shows the PMI benchmark index increase to 49.2 points in November versus 47.3 points a month earlier. At the same time, still the reading below 50 points shows

Mon, 02 Dec 2013 14:54:23 GMT

Australian building approvals decline in October

The number of approvals for building in Australia contracted 1.8% in October of this year on a monthly basis, reaching in total 16,491. Economists, in turn, predicted the number of approvals to slump 5% after a revised 16.9% jump a month ago. The building permits surged 23.1% on the annual basis in October, which also exceed economists' forecasts for a

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