Browsing Tag

industrial sector

Reports for May in China's industrial sector indicate sustained growth, driven by innovation. According to data for last month, "China's value-added industrial output grew 5.8 percent year-on-year." In the manufacturing sector, value-added output increased 6.2 % year-on-year, with increases of 9 %…
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German economy contracts 1.7 % in 2021

Germany's gross domestic product (GDP) declined 1.7 % year-on-year in the first quarter of 2021, the Federal Statistical Office (Destatis) announced today. The figure stops the growth trend registered in the last two quarters, taking into…