The U.K. manufacturing ended the year 2025 on a positive note with the sector expanding at the fastest pace in 15 months on increased production and stronger demand, results of a survey by the S&P Global showed on Friday.
The retail sales growth in Cyprus moderated in November to the lowest level in seven months. The value of retail sales rose 7.6 percent year-on-year in November, slower than the 10.1 percent surge in October. However, this was the slowest growth since April, when sales had risen 6.3 percent. Sales of food, beverages, and tobacco in specialized stores alone grew 22.5 percent from last year.
The euro area manufacturing activity contracted the most since March 2025 with production levels falling for the first time since last February, the survey compiled by S&P Global showed Friday. The HCOB final manufacturing Purchasing Managers' Index declined to 48.8 in December from 49.6 in November. The flash score was 49.2.
Greece's factory activity logged a steeper improvement in December amid acceleration in new order growth. The manufacturing Purchasing Managers' Index rose to 52.9 in December from 52.7 in November. A reading above 50.0 indicates expansion. Production growth was quickened from November's recent low, and greater new sales were attributed to competitively priced goods and a gain in demand momentum.
Eurozone bank lending increased at a faster pace in November as loans to households and businesses increased further, the European Central Bank reported Friday. Adjusted loans to the private sector climbed 3.4 percent year-on-year, following October's 3.0 percent increase. Among the borrowing...
The Czech Republic's manufacturing activity logged a renewed upturn in December as output, new orders, and employment all returned to growth territory. The purchasing managers' index, or PMI, for the manufacturing sector rose to 50.4 in December from 48.0 in November. New orders increased for the first time in four months amid an improvement in demand conditions and new client referrals.
Poland's manufacturing activity remained in the contraction zone for the eighth straight month in December amid steeper declines in output and new orders, while the outlook improved notably from November. The manufacturing purchasing managers' index, or PMI, dropped to 48.5 in December from 49.1 in November. New orders fell at the quickest pace in three months.
UK house prices grew at the slowest pace since April 2024 largely due to the high base effects, data from the Nationwide Building Society showed on Friday. House prices posted an annual growth of 0.6 percent in December, which was weaker than the 1.8 percent rise in November. Prices were expected to climb 1.2 percent.
The manufacturing activity in Turkey deteriorated at the slowest pace in one year in December and moved closer to stabilization. The headline The Istanbul Chamber of Industry Turkey Manufacturing Purchasing Managers' Index rose to 48.9 in December from 48.0 in November. Among components, output, new orders, employment, and purchasing all registered softer slowdowns amid signs of better demand.
Swedish factory activity expanded at an accelerated pace at the end of the year. The purchasing managers' index for the manufacturing sector rose to 55.3 in December from 54.7 in November. A reading above 50 indicates expansion. Among components, delivery times, inventory purchases, and production accounted for the largest contributions, while the employment index dragged down the total index.
Estonia's retail sales decreased slightly in November after rising in the previous two months. The volume of retail sales fell 0.4 percent annually in November, reversing a 4.0 percent increase in October. Retail sales of food, beverages, and tobacco in specialized stores plunged 23.0 percent annually in November. On a monthly basis, retail sales declined 4.8 percent.
The Dutch manufacturing sector logged slower growth in December as weaker new order growth contributed to a reduction in production, survey data from S&P Global showed on Friday. The headline Nevi Manufacturing Purchasing Managers' Index posted 51.1 in December, down from 51.8 in November. Although...
Final factory Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Friday. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to grow 1.2 percent on a yearly basis in December, following prior month's 1.8 percent gain.
Poland's consumer price inflation slowed further in December to the lowest level in more than one-and-a-half years. The consumer price index climbed 2.4 percent year-over-year in December, slower than the 2.5 percent increase in November. The slowdown in inflation was driven by a 3.1 percent decline in costs for fuels for personal transport equipment. Monthly, consumer prices remained flat.
Turkey's trade deficit widened in November as imports grew faster than exports. The trade deficit increased to $8.0 billion from $7.5 billion in the same period last year. The shortfall was $7.5 billion in October. Exports registered an annual increase of 1.3 percent, and imports were 2.6 percent higher.
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.