According to the statistics released by France's National Institute of Statistics and Economic Studies, the country's manufacturing production in June 2012 remained almost stable compared to May 2012 with a slight increase of 0.1%, following a revised MoM decrease of 1.1% recorded in May 2012.
During the second quarter of 2012, output decreased in the manufacturing sector by 1.2% QOQ and was down by 3.1% YoY as compared to the corresponding period of 2011.
In June 2012, France's production in manufacture of basic metals and fabricated metal products, except machinery and equipment, rose by 0.4 percent, the production of the motor vehicles, trailers and semi trailers industry decreased by three percent, while the output of the construction industry increased slightly by 0.7%.
Meanwhile, in the second quarter the production in manufacture of basic metals and fabricated metal products, except machinery and equipment, fell by 1.5%, the production of the motor vehicles, trailers and semi trailers industry decreased by 4.1%, while the output of the construction industry increased by 2.9%, all compared to the first quarter of 2012.
UAE’s non-oil job, output levels surge
While the UAE's non-oil producing private sector reported the fastest rise in employment levels in two years and a further boost in output levels during April, the rate of increase in new orders ease
Kuwait budget surplus may hit $52 billion
Kuwait is likely to have recorded another massive surplus during the last financial year of up to KD15 billion ($52.8 billion) as the price of Kuwait Export Crude (KEC) averaged $107 per barrel for