UK Retail Sales Decline Sharply in November 2024
The UK retail sector experienced a significant downturn in November 2024, with sales volumes dropping by 18%, according to the CBI Distributive Trades Survey. This decline extends the 6% drop reported in October and surpassed market expectations of a 14%...
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Germany’s Economic Outlook: November 2024 Ifo Business Climate Indicator
Germany’s economic sentiment weakened in November 2024, as reflected by the Ifo Business Climate indicator, which dropped to 85.7 from 86.5 in October. This decline came in below the expected figure of 86, signaling growing concerns over the country’s economic...
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Japan’s Economic Outlook: September 2024 Update
Japan’s leading economic indicators index, a key gauge of the nation’s economic health, was revised slightly downward to 109.1 in September 2024 from the preliminary estimate of 109.4. This index is designed to forecast the economic outlook for the coming...
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New Zealand’s Trade Deficit Narrows in October 2024
New Zealand recorded a trade deficit of NZ$1.5 billion in October 2024, marking an improvement from the NZ$1.7 billion gap reported in the same month last year. This reduction in the deficit reflects a positive shift in the country’s trade...
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US Manufacturing Shows Signs of Slower Decline in November 2024
The latest S&P Global Flash US Manufacturing PMI for November 2024 rose to 48.8, slightly up from 48.5 in October, matching market expectations. While the PMI indicates a continued contraction in the manufacturing sector for the fifth consecutive month, the...
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