Italy faced the largest car sales slump among the EU members

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Source: BBC
The auto sales in Italy tumbled by 26.7% last month on an annualized rate, indicating the largest fall among the EU countries. The overall car sales in the EU dropped by 7.0% in March, declining to the 14-year low, reported an Association of European Automakers.  The second largest slump was in France where car sales decreased by 23.2% in March on a yearly basis.
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Wed, 18 Apr 2012 12:38:11 GMT

US industrial output steady in March

US industrial production was almost unchanged in March, remaining unchanged for the second month in a row, according to the US Federal Reserve. Experts predicted the US industrial production to advance by 0.3% last month after steady figure in February. However, the capacity utilization rate declined to 78.7% in line with forecast from 78.7% in February.

Wed, 18 Apr 2012 12:08:43 GMT

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