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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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...
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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...
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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...
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