China’s Manufacturing Sector Contracts in September
China’s manufacturing sector contracted in September 2024, with the Caixin China General Manufacturing PMI falling to 49.3, slipping below the 50-point threshold that separates growth from contraction. This marks a downturn from the previous month, driven by a sharp decline...
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Japan’s Factory Output Slumps in August
Japan’s industrial production declined by 3.3% month-over-month in August 2024, a sharp reversal from the 3.1% growth recorded in July. This drop significantly exceeded market expectations of a 0.9% contraction, according to flash data. It marks the fifth time industrial...
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Germany’s Unemployment Rate Rises by Over 17,000
Germany’s seasonally adjusted unemployment rate held steady at 6% in September 2024, matching market expectations. However, the number of unemployed individuals increased by over 17,000 during the month, pushing the jobless total to its highest level in over three years....
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Decline in Eurozone Economic Sentiment Index
The Economic Sentiment Index (ESI) for the Eurozone decreased slightly to 96.2 in September 2024, down from 96.5 in August. This decline follows a recent peak in August, when the index reached its highest level in over a year. The...
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Inflation in Japan
In the week ending September 21, 2024, the number of Americans filing for unemployment benefits decreased by 4,000, bringing the total to 218,000. This marks the lowest level of jobless claims in four months and comes in below market expectations,...
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