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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UK Economy Contracts in October 2024
The British economy contracted by 0.1% month-over-month in October 2024, following a similar decline in September. This result fell short of market forecasts, which had anticipated a 0.1% expansion. The contraction highlights ongoing challenges in the UK economy as various...
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