Industrial output rose 0.2% on an annual basis in May, decelerating from April’s 1.4%. According to the Statistical Institute, May’s slowdown was mainly attributable to a contraction in the manufacturing sector, as well as in the mining and quarrying sector.
Turkish industrial production fell 1.3% year-on-year in May, improving from the revised 3.8% drop in April (previously reported: -4.0% year-on-year); annual average industrial output contracted 3.1% in May, down from the 2.5% fall in April.
China saw a total of 472 public offering funds issued in the first half of this year with a combined value of 479.3 billion yuan (about 69.8 billion U.S. dollars), the China Securities Journal reported.
In May 2019 compared with April 2019, seasonally adjusted industrial production rose 0.9% in the euro area (EA19) and 0.8% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.