Renju Jaya

✉ editorial@rttnews.com

The UK manufacturing activity shrank again in November reflecting lower output, weaker demand and reduced employment, final data from S&P Global showed on Thursday. The Chartered Institute of Procurement & Supply factory Purchasing Managers' Index edged up to 46.5 in November from 46.2 in October....

eurozonepmi aug01 01dec22 Eurozone manufacturing activity continued its downward trend in November but the rates of decline in output and new orders were less aggressive than seen a month ago, final data from S&P Global showed on Thursday. The final manufacturing Purchasing Managers' Index rose to a two-month high of 47.1 in November from 46.4 in the previous month. The flash reading was 47.3.

Germany's retail sales declined more than expected in October as high inflation eroded the purchasing power of consumers, data published by Destatis revealed on Thursday. Retail sales declined 2.8 percent from September, when turnover was up 1.2 percent. Sales were forecast to fall moderately by...

Eurozone unemployment rate dropped marginally in October, data from Eurostat showed on Thursday. The unemployment rate for October was 6.5 percent, down from 6.6 percent in September. In the same month last year, the jobless rate stood at 7.3 percent. Economists had forecast the jobless rate to...

ukhouseprices nov29 01dec22 UK house prices posted its biggest decline since June 2020 reflecting the loss of momentum in the property market amid the stretched housing affordability, data published from the Nationwide Building Society showed Thursday. House prices dropped by a more-than-expected 1.4 percent on a monthly basis in November, after easing 0.9 percent in October.

preview oct16 01dec22 House prices from the UK and final factory Purchasing Managers' survey results from the UK and other major euro area economies are the top economic news due on Thursday. At 2.00 am ET, UK Nationwide house price data is due. House price inflation is seen easing to 5.8 percent in November from 7.2 percent in October.

chinamanufacturing july01 01dec22 China's manufacturing sector continued to contract in November due to the sustained reductions in output and sales, a closely watched survey showed on Thursday. The Caixin manufacturing Purchasing Managers' Index rose moderately to 49.4 in November from 49.2 in October, data published by S&P Global revealed.

germanyunemployment jan21 30nov22 Germany's unemployment increased more than expected in November as energy crisis and weaker demand dampened activity particularly in the manufacturing sector. The number of people out of work increased by 17,000, which was larger than economists' forecast of 13,000 and also October's rise of 9,000, data from the Federal Labor Agency revealed Wednesday.

eurozoneflag feb01 30nov22 Eurozone inflation moderated for the first since the middle of 2021 driven by a marked slowdown in energy price growth, however the European Central Bank is expected to deliver another interest rate hike next month given the sticky core inflation. Inflation slowed more-than-expected to 10.0 percent in November from 10.6 percent in October, flash estimate from Eurostat showed Wednesday. Inflation

thailand aug19 30nov22 Thailand's central bank raised its interest rate by a quarter point as inflation is set to remain high on domestic energy prices. The Monetary Policy Committee of the Bank of Thailand unanimously decided to raise the policy rate by 0.25 percentage point to 1.25 percent, with immediate effect. This was the third rate hike this year after a 25 basis point increase in September and August.

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