Industrial production in Austria, according to Trading Economics, advanced 23.4 per cent year-on-year in May 2021, following a revised record 33.8 per cent in April, reflecting a continued economic recovery and the low base effect.
Life in the fast lane
In the months leading up to Tokyo 2020 mainstream media speculated on whether the already postponed international multi-sport event – which was shifted to 23 July to 8 August 2021 – would ultimately be cancelled due to an ongoing health crisis throughout Japan.
Norway has a substantial number of trailers to serve the infrastructure in the country according to Tom Haugvaldstad, Head of Road Freight, DHL Global Forwarding, Freight Norway.
Market Report: Chile
Producer prices in Chile soared 10.2 per cent over a year earlier in November of 2020, following an 8.1 per cent rise in the previous month. Prices advanced faster for mining and quarrying (18.6 per cent vs 14.7 per cent in November), namely copper extraction (22 per cent) and manufacturing (3.1 per cent vs 2.4 per cent).
The Yangon yield
The Observatory of Economic Complexity has listed a series of international trade data about Myanmar. In 2018, the country was ranked the top 71 economy in the world based on Gross Domestic Product (GDP), number 72 in total exports, 69 in total imports and 122nd most complex economy.
A powerful impression
During the early days of the Covid-19 pandemic, in March, European Central Bank (ECB) President, Christine Lagarde, dismissed calls by Italy for financial assistance. Lagarde, however, changed her tune after her initial response was met with disdain from the financial market community to one of commitment to avoid fragmentation for the euro area.
Market Report: US
Data analysis firm, ACT Research, is optimistic about the state of North America’s trailer manufacturing industry.
Made in Madrid
The Gross Domestic Product (GDP) in Spain was worth $1,460 billion USD in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Spain represents 1.21 per cent of the world economy.
Market Report: Indonesia
The Government of the Republic of Indonesia applies a presidential system to its democratic country along with five Pancasila principles that are interrelated and inseparable, namely: the belief in one God; a just and civilised humanism; unity of Indonesia; democratic citizenship lead by wise guidance born of representative consultation; and social just for all the people of Indonesia.
Market Report: China
The World Health Organization was alerted to several cases of pneumonia in Wuhan City, Hubei Province of China on 31 December 2019. The virus did not match any other known virus which raised concerns.