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Global manufacturing growth slowed at the end of 2015, ending the worst year since 2012. European countries led the growth rankings, as emerging Asia suffered its worst downturn in more than ten years...
Following the Fed’s decision to raise interest rates for the first time in nearly a decade, the US sees the release of revised third quarter GDP numbers as well as durable goods and consumer...
The first US interest rate hike for almost a decade comes in a month during which the pace of economic growth showed signs of faltering, as highlighted by the rate of expansion in output one of the...
UK retail sales surged as shoppers took advantage of ‘Black Friday’ discounts. Sales were up 1.7% in November, smashing expectations of a mere 0.5% rise, according to the Office for...
The UK labour market remained something of an enigma in October. Unemployment fell to a seven-year low but pay growth also fell, once again confounding expectations that a tightening labour market...
Just as the Fed looks set to hike interest rates for the first time since 2006, the manufacturing sector shows signs of stalling. The flash PMI results show factories ending the year with the weakest...
Japanese manufacturers enjoyed a solid end to the year, with activity growing at a rate close to November’s 20-month high. The Nikkei Manufacturing PMI registered 52.5, down from 52.6 in...
The eurozone economy enjoyed a comfortably solid end to 2015, though policymakers are likely to remain disappointed by the relatively modest pace of expansion and lack of inflationary pressures, given...
Euro area factories enjoyed a good start to the fourth quarter, with output rising 0.6% according to official data. Looking through the volatile data suggests the industrial sector is on a modest...
UK construction saw a return to growth at the start of the fourth quarter, according to official estimates, though the pace of expansion remains surprisingly weak. The numbers also need to be treated...
November saw a marked improvement in US consumer spending, tilting the odds further towards the Fed hiking rates next week, something which already looks a near certainty. However, the data also...
The Bank of England left interest rates on hold at their record low of 0.5% at their December MPC meeting. Once again, only one of the nine committee members, Ian McCafferty, voted for a tightening of...
The UK’s ongoing disappointing trade performance is highlighted by the latest official data. If Oil and other volatile items are excluded, the trade deficit was the biggest on record in October....
Japan’s recent recession has been revised away after new data show the economy to have grown in the third quarter.The revision confirms our assertion from 16th November that “Headline data...
The JPMorgan (N:JPM) Global PMI rose for a second month in November to a level just above the average seen in the year to date. The survey is broadly consistent with annual global GDP growth of just...
The week sees revised third quarter gross domestic product numbers for the eurozone, Japan and Russia, while retail sales and consumer sentiment numbers are the data highlights in the US. The Bank of...
Better-than-expected news on the buoyancy of the US labour market gives policymakers the clear go-ahead to hike interest rates for the first time since 2006.Employment growth and unemployment...