US Manufacturing PMI Shows Extended Contraction in December
The S&P Global US Manufacturing PMI fell to 48.3 in December 2024 from 49.7 in the previous month, well below market expectations of a slight improvement to 48.9, according to a flash estimate. This result extends the contractionary trend for...
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UK Manufacturing PMI Declines Further in December 2024
The S&P Global Flash UK Manufacturing PMI dropped to 47.3 in December 2024, down from 48 in November and below market expectations of 48.2, according to preliminary estimates. This marks the sharpest contraction in the UK’s manufacturing sector in eleven...
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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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