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Mexico industrial production revives in September  MEXICO CITY: Mexico's industrial output rose more than expected in September, as factories in Latin America's No. 2 economy gained steam in line with their US counterparts.   Growth in industrial production picked up to a seasonally adjusted 0.9 percent from a 0.8 percent contraction in August, which was the biggest fall in three years, according to revised numbers released by the National Statistics Agency on Monday.   September's month-over-month number also beat expectations for a 0.22 percent expansion expected in a Reuters poll of analysts and was driven by a 1.6 percent rise in manufacturing. The mining sector notched a fall of 1.55 percent.   But output compared with that of September 2011 rose a lukewarm 2.4 percent, the slowest growth since April 2011. It came in below the 2.95 percent increase expected in the poll and the downwardly revised 3.4 percent expansion in August.   "Industry is probably growing, although at a slightly weak pace," said ...

German exports more power abroad in Jan-Sept  FRANKFURT: Germany exported a net 13.9 terawatt hours (TWh) in power in the first nine months of 2012, almost ten times more than in the same period a year earlier, preliminary data from industry association BDEW showed on Monday.   Germany sent 47.8 terawatt hours of electricity abroad by the end of September compared to deliveries of 33.9 terawatt hours, the figures from BDEW showed.   The net export figure contrasted to a surplus of just 1.6 TWh, recorded ...
French July-Sept wheat exports down 26pc  PARIS: France exported 1.06 million tonnes of soft wheat in September, the third month of the 2012/2013 marketing year, bringing total exports this season to 3.3 million, down 26 percent on the same period last season, customs data showed on Monday.   By Oct. 1, sales to other EU member states were down 17 percent on last season's pace at 1.55 million tonnes while exports outside the 27-member bloc were down 33 percent on last season at ...
Azeri oil exports to fall in December  LONDON: Azeri oil exports are set to decline to 19.4 million barrels in December from 20.3 million barrels in November, trading sources told Reuters, citing loading schedules.   December exports will still be close to average of the past year after dropping to nearly a one year low of 17.8 mln barrels in October.   Copyright Reuters, 2012 ...
US to become world PARIS: The United States is to become the world's top producer around 2020, the International Energy Agency said on Monday, overtaking Saudi Arabia until the middle of that decade.   "The recent rebound in US oil and gas production ... is spurring economic activity ... and steadily changing the role of North America in global energy trade," the agency said in its annual outlook on the energy markets of tomorrow. Copyright AFP (Agence France-Presse), 2012 ...
German economy seen slowing in Q3 as euro zone cuts back  BERLIN: Growth in Germany, Europe's largest economy, slowed in the third quarter as firms unnerved by the euro zone crisis postponed investments and lost export markets, preliminary data is expected to show this week.   The country for a long time fended off the region's troubles as private consumption remained robust and healthy demand beyond the euro zone negated the effects of weaker European appetite.   But recent data has painted a gloomy picture, showing that even Europe's growth ...
Seadrill signs 5-year, $118bn rig deal  OSLO: Rig operator Seadrill has signed a $1.18 billion five-year deal with Husky Oil Operations Limited to provide a newly built harsh environment rig for operations in Canada and Greenland, it said on Monday.   "The award of a five-year contract with commencement in 2015 is also a clear sign of the present tightness in the harsh environment (and) deepwater drilling market," Seadrill said.   "Seadrill currently has several options and proposals to increase the newbuild program within this ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln