Germany’s Manufacturing PMI Declines Further in December 2024
The HCOB Germany’s Manufacturing PMI dropped to 42.5 in December 2024, down from 43 in November and falling short of market expectations of a slight improvement to 43.1, according to preliminary data. This reading highlights a deepening contraction in Germany’s...
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China’s Retail Sales Growth Slows in November 2024
China’s retail sales increased by 3% year-on-year (yoy) in November 2024, marking a slowdown from October’s 4.8% growth and falling short of market expectations of a 4.6% rise. This represents the weakest retail performance since August, reflecting subdued consumer demand...
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China’s Industrial Production Grows in November 2024
China’s industrial production expanded by 5.4% year-on-year (yoy) in November 2024, slightly surpassing market expectations and improving on October’s 5.3% growth rate. This positive trend highlights the resilience of the Chinese manufacturing sector, which played a key role in driving...
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UK Economy Contracts in October 2024
The British economy contracted by 0.1% month-over-month in October 2024, following a similar decline in September. This result fell short of market forecasts, which had anticipated a 0.1% expansion. The contraction highlights ongoing challenges in the UK economy as various...
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Japan’s Industrial Production Sees Strong Growth in October 2024
Japan’s industrial production increased by 2.8% month-over-month in October 2024, marking the second consecutive month of expansion. Although slightly below the preliminary estimate of 3.0%, this figure reflects a notable acceleration from the 1.6% rise recorded in September. It also...
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