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French Industrial Production Declines Unexpectedly

France industrial production decreased unexpectedly in September, data released by the statistical office Insee said on Friday. Industrial output fell 1.3 percent in September from August, when production was up 1 percent. Production was forecast to climb 0.4 percent.

Similarly, manufacturing output decreased 1.4 percent after rising 1.1 percent a month ago.

Within manufacturing, transport equipment manufacturing logged the biggest fall of 8.4 percent. Further, manufacture of coke and refined petroleum products was down 2.3 percent, while equipment goods output gained 1.3 percent.

Compared to February 2020, the last month before the first general lockdown, output dropped 5.9 percent in the manufacturing industry and by 5.2 percent in the whole industry.

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Denmark’s Industrial Production Drops In September

Denmark’s industrial production declined in September, figures from Statistics Denmark showed on Friday.

Industrial production fell a seasonally adjusted 5.6 percent month-on-month in September, after a 3.3 percent growth in August. In July, output rose 6.4 percent.

Production of pharmaceutical decreased the most by 29.6 percent monthly in September and those of chemical industry and oil refineries declined 3.4 percent.

The industrial turnover gained 7.2 month-on-month in September.

For the three months ended in September, the industrial production rose 4.8 percent.

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Tips for Avoiding an Out of Money Experience

Do you run out of money before you run out of month? Many do, but it doesn’t have to be that way! Wealth is the result of widening the gap between what you earn and what you spend. Most of us make the mistake of ramping up our spending as our disposable incomes rise. This is self-defeating. If you do not develop a respect for money, it will always elude you.

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