New Zealand's manufacturing expands amid new orders

Note: This section contains information in English only.
Source: RTT News

Manufacturing production in New Zealand grew in April largely due to continued improvements in new order, a data revealed by the Bank of New Zealand and BusinessNZ showed on Thursday. According to data, the seasonally adjusted manufacturing index accelerated from 53.4 in March to 54.5 recorded in April and it stays above reading of 50 signaling expansion in the sector.


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Thu, 16 May 2013 11:19:04 GMT

Japan's consumer confidence drops in April

Confidence among Japan's consumers dropped surprisingly in April, when the seasonally adjusted consumer confidence index declined from 44.8 in March to 44.5, a survey published by the Cabinet Office unveiled on Wednesday. The survey also showed that the index measuring opinion of consumers about their overall livelihood slipped from 43 to 42 in April.

Thu, 16 May 2013 10:43:04 GMT

U.S. industrial output falls in April

Industrial production in the U.S. decreased together with a slow-down in manufacturing output in April indicating that the country's economy remains sluggish, the latest data published by the Federal Reserve showed on Thursday. Mines, utilities and factory production dropped 0.5% in April after it rose 0.3% in March, while the manufacturing output slipped 0.3% in March. 

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