German industrial production stays unchanged in January

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Source: Reuters

Industrial output in Germany stayed unchanged in the month of January as a notable improvement of production in the construction sector was compensated with a drop in the manufacturing and energy industries, the Economy Ministry reported on Friday. The report showed a 3% increase of the construction output in January, while manufacturing and energy declined 2.3% and 0.2%, respectively.


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Fri, 08 Mar 2013 15:52:03 GMT

Canadian housing starts rise in February

Canada's housing starts bounced back in the month of February amid a rebound of multi-family starts in Ontario and Quebec, suggesting that the housing market is continuing to moderate in 2013, a data released by the Canada Mortgage and Housing Corporation showed on Friday. The seasonally adjusted annualized rate of housing starts went up from 158,998 in January to February's

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