UK Manufacturing Faces Contraction in November 2024
The latest data from S&P Global reveals that the UK manufacturing sector experienced a contraction in November 2024. The Flash UK Manufacturing PMI dropped to 48.6, down from 49.9 in October, falling well below the forecasted 50. This marks the...
Read more
Germany’s Manufacturing PMI Shows Slight Improvement in November
Germany’s HCOB Flash Manufacturing PMI edged up to 43.2 in November 2024, slightly above October’s 43 and market expectations of the same. While this uptick offers a glimmer of hope, the index remains firmly in contraction territory, indicating continued struggles...
Read more
UK Retail Sales See Biggest Drop in Four Months
Retail sales in the UK experienced a sharp decline of 0.7% in October 2024, marking the steepest drop in four months. This follows a revised 0.1% increase in September and far exceeded forecasts of a 0.3% decline. The slump highlights...
Read more
Germany’s Economy: A Modest Q3 Recovery
Germany’s economy recorded slight growth in the third quarter of 2024, expanding by 0.1% quarter-on-quarter, according to revised figures. This marks a mild recovery from a 0.3% contraction in Q2 but falls short of the initial 0.2% growth estimate. On...
Read more
Japan’s Inflation Hits Lowest Level Since January
Japan’s annual inflation rate eased to 2.3% in October 2024, down from 2.5% in September, marking its lowest level in nearly 10 months. This decline signals a slowdown in price pressures across several sectors, driven by reduced energy costs and...
Read more
