toptestmotor.com
toptestmotor.com Febrero 18, 2020


UK Manufacturing Growth Improves More Than Forecast

01 Agosto 2017, 05:02 | Bibiana Flor

UK Manufacturing Growth Improves More Than Forecast

UK Manufacturing Growth Improves More Than Forecast

"Indonesia manufacturers reported another hard month in July, with ouput falling at an accelerated pace amid a drop in new business inflows", said Pollyanna De Lima, principal economist at IHS Markit, which compiles the survey.

Figures released by the the Office for National Statistics last week recorded a 0.5% drop in manufacturing output in the three months to June, largely blamed on a fall in vehicle production as factories readied themselves for new models. The Monetary Policy Committee, which voted 5-3 against raising interest rates in June, will announce their decision on August 3. The rise in outstanding business was solid and the strongest since April 2011. That said, price pressures remain marked, with a weak exchange rate and rising raw material prices noted. That exceeds the advance to 54.5 forecast by economists in a Bloomberg survey and is well above the 50 level dividing expansion from contraction.

The level of new orders received by Dutch manufacturers increased for the 17th month in a row.

The report said a fall in new orders due to underwhelming market demand was the primary cause behind lower sales.

Chinese goods producers in July were able to raise output prices the most since March, Tuesday's PMI showed, as input inflation also accelerated, though the price gains were much milder than those seen around the turn of the year. The rate of decline quickened slightly, but remained modest.

China's economy remained stable and on a positive track despite a seasonal fluctuation in the country's manufacturing activity in July, official data showed Monday. The latest increase was the slowest in 17 months. "This helped to bolster employment, which subsequently rose marginally for the second time in the past three months".

It was still the 12th straight month that factories reported expansion, according to the data compiled by the Federation of Logistics & Purchasing posted on China's official statistics website.

Crude futures rose above $50 a barrel for the first in two months, after US officials said sanctions on Venezuela's oil sector could be announced as early as Monday, in response to an election held on Sunday, which Washington has called a "sham".



Otras noticias

Tendencias Ahora

Russia Orders Big Cut in US Diplomatic Staff in Moscow
Tefft described the Russian decision as unfair, but provided no details about the cuts, a person at the meeting told Reuters . Embassy employees in Moscow were on Monday anxiously waiting to hear if they would keep their jobs.

Philippe Coutinho would be a major loss to Liverpool
Although Ozil is in the final year of his contract at the Emirates, the Gunners are confident that he will pen a new deal soon . Liverpool will need to sign a top quality star if Philippe Coutinho leaves the club in the summer transfer window.

Sebastian Vettel wins the Hungarian Grand Prix, Stroll finished 14th
With Kimi Raikkonen qualifying second, a clean start for both could see Vettel pull away while the Finn keeps the rest in check. It was a terrific race for McLaren - given the sort of situation that the team find themselves in.

Free movement of people to end in March 2019, PM's spokesman says
The length of a potential transition period to allow business to adapt to the potential upheaval caused by Brexit is another contentious issue.

Ben Stokes stands firm for England after Alastair Cook exit
When rain led to an early lunch on the third day, England were 20 without loss in their second innings - a lead of 198 runs. Only 37 overs were bowled on Saturday, the evening session totally washed out as clouds gathered over south London .

Ricciardo fumes at 'amateur' Verstappen error
It was Palmer's second off-track moment of the day after he ran wide at Turn 4 in FP1 and ripped the front wing off his vehicle . Hamilton in particular struggled with the balance of his vehicle . "And was consistently the quickest auto on the circuit".

Sebastian Gorka delivers masterful defense of Trump's military transgender ban
Social engine erring in the military is risky and unfair to those putting their lives on the line. President Donald Trump has reversed yet another policy decision of the Obama administration.

Game of Thrones Showrunners Discuss [SPOILER]'s Season 7 Death Scene
When Sansa attempts to inform him that she knows what she's doing, he offers some sage advice for which he himself survives by. Just like with most Littlefinger speeches, this one teeters between being creepy and genuinely insightful.

Cubs acquire Justin Wilson and Alex Avila
It should be noted that neither Candelario nor Paredes is considered a top-100 prospect in baseball. Martinez to the Arizona Diamondbacks for three infield prospects, reviews from analysts were mixed.

Trump blasts US Senate rules after healthcare bill setback
The truly horrifying thing is that 49 Republican senators fell for that logic - including those from Tennessee, Georgia and Alabama.