Wednesday, November 09, 2011

Statistical Notes Wednesday November 9

-Industrial production in Britain was unchanged in September compared to August, but fell by 0.7% compared to September 2010.

British exports increased 0.5% in September compared to the previous month, but the trade deficit still increased to £3.9 billion from £2.7 billion due to a 2.9% increase in imports.

-Industrial production in Germany fell by 2.7% in September compared to August, but was still up 5.5% compared to September 2010.

Exports rose by 0.9% in September compared to August and 10.9% compared to September 2010. As a result, Germany's trade- and current account surplus rose somewhat compared to a year earlier.

-Euro area retail sales fell by 0.7% in September compared to August and by 1.5% compared to September 2010.

-Swedish factory orders fell by 0.9% in September compared to the previous month, but rose 1.7% compared to a year earlier, while industrial production rose 1.3% compared to the previous month and 4.8% compared to a month earlier.

-Annual Estonian export growth fell to 30% in September, the lowest so far this year, but still relatively high.

In Latvia export growth was 16% in September, while preliminary annual third quarter GDP growth was 5.7%, compared to 5.6% in the second quarter.

-China's economy cooled in September as inflation fell from 6.1% to 5.5%, while the rate of increase in industrial production fell from 13.8% to 13.2% and the rate of increase in retail sales fell from 17.8% to 17.2%.

-Employment in South Korea rose by 2.1% in the year to October, enabling both an increase in the labor force participation rate and a drop in the seasonally adjusted unemployment rate to 3.1%

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