Contraction In Industrial Output News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Zurich and germany also higher. the dow finished up towards 1% overnight. the second decent rise in two days. optimism in the air about the general overall economic conditions and recovery. here in asia, the nikkei enjoyed another substantial boost today. that s despite very, very grim economic data, the one we talked about a little earlier. worth reiterating one number. 15.3%. that s a contraction in industrial output and what the factories produce down by 15.3% in march compared with the march earlier a year ago. and that s obviously because of what happened with the earthquake and the tsunami, basically factories start working. the supply chains broke down after that devastating impact of that tsunami in particular and we see this massive contraction in industrial production in what was until recently the world s second biggest economy. ....

Contraction In Industrial Output , 115 3 , Supply Chains ,