Finland Industrial Production Growth Eases In September

Factory output in September beat analysts’ expectations in September but Britain’s overall trade performance still deteriorated for the third quarter as a whole

"The flurry of activity data suggests that the industrial sector is helping to provide some offset to the consumer slowdown", Capital Economics economist Ruth Gregory said.

French manufacturing output rose by 0.4% in September and output across the whole of the industry rose by 0.6%.

Industrial production rose 0.7% from August, when it increased 0.3%, preliminary data from the Office for National Statistics showed Friday. Economists had expected 0.3% growth.

"Given that manufacturing represents a relatively small share of the United Kingdom economy, the persistent weakness in consumer spending is a bigger consideration for the Bank of England", Smith said.

IPO gains lift SBI net manifold to `1840 cr
The bank's deposits grew 10.3 per cent from Rs 23.79 lakh crore as of September 2016 to Rs 26.23 lakh crore as of September 2017. The drop came after the bank's bad loans had climbed since SBI merged its five subsidiary banks with itself earlier in the year.

But next week's data on wage growth, inflation and retail sales will offer a more complete picture of an uneven economy around which finance minister Philip Hammond must engineer an annual budget, due on November 22. The cumulative growth in these three sectors during April-September 2017 over the corresponding period of 2016 has been 3.9%, 1.9%, and 5.7% respectively.

Construction cranes are seen by St Paul's cathedral at dawn in London, Britain, January 13, 2017.

The indices of industrial production for the mining, manufacturing and electricity sectors for the month of September 2017 stand at 94.6, 125.1 and 150.5 respectively, with the corresponding growth rates of 7.9 percent, 3.4 percent and 3.4 percent as compared to September 2016.

"Given that manufacturing represents a relatively small share of the United Kingdom economy, the persistent weakness in consumer spending is a bigger consideration for the Bank of England", ING economist James Smith said.

'GST on 50 items of mass consumption slashed to 18%'
The GST Council is also expected to offer more relief to small and medium enterprises due to compliance burden. All these got input tax credit, a facility to set off tax paid on inputs with final tax.

Figures for the much bigger services sector are due on November 23. Factory output rose 1.1 per cent in the quarter with transport production up 3per cent. Economists polled by Reuters had expected 12.8 billion.

The visible trade deficit narrowed to GBP 11.25 billion in September from GBP 12.35 billion in the previous month.

"However, net trade probably dragged on GDP growth in Q3".

Mike McCarthy not tying Martellus Bennett retirement plan to release
Bennett will join a tight end group which now includes tight ends Rob Gronkowski , Dwayne Allen and Jacob Hollister. Bennett thrived in New England last season, catching 55 passes for 701 yards and a career-high seven touchdowns.

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