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Caribbean Market Update

German Exports Slump 4.3%; France Sentiment Stable

Author: Arthi Gupta
Islandjournal.net
Last Update: 8:59 AM ET February 08 2012


Spain''s industrial output declined a working-day adjusted 3.7% on an annual basis in December, data released by statistics office Ine showed.

Production of durable consumer goods fell 12.5% annually, while non-durable consumer goods production edged up 1.3% in December.

In the whole of 2011, industrial output fell 1.8% from the previous year, the agency said.

Swiss Jobless Rate Steady

Switzerland''s seasonally adjusted unemployment rate remained unchanged at 3.1% in January, data released by the State Secretariat for Economic Affairs showed.

The number of registered unemployed increased 3,655 from the previous month to 134,317 at the end of January.


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