Browsing: factory production

In July, Eurozone factory production experienced its most significant growth in nearly four and a half years, even as new orders continued to be weak. The S&P Global Eurozone Manufacturing Purchasing Managers’ Index increased to 51.9 from 51.4 in June. This was its strongest reading since April and maintained the measure above the 50 mark that indicates expansion. The final figure was just shy of an earlier projection of 52.0. Conditions within factories improved at the beginning of the third quarter.

Japan’s industrial output fell 2.1 percent in February as weaker auto and electronics production pulled factory activity lower, official data showed.

South Korea’s industrial output dropped 2.5% in October, the sharpest fall since 2020, as semiconductor production plunged 26.5%.