Friday, August 28, 2009

Industrial Production

Industrial output of the country and its changes. It is composed of mining and manufacturing industry volumes, the forest and public sectors as well as the production of electricity are also taken into consideration. The indicator reflects the level of the economy, but does not determine the direction of its development. An increase in value of this indicator leads to the growth of the national currency rate. In the UK and Germany, the data appears in the second decade of each month at 9:30 and 11:00 GMT; in the United States - in mid-month at 14:15; in the Euro zone on the 20th day of each month, at 11:00; in Japan - at the end of the month.

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