UK service sector sees strongest growth in 16 months
The UK service sector recorded a solid upturn in August, with the S&P Global UK Services PMI Business Activity…
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domestic demand
Eurozone manufacturing returns to growth in August – PMI
Eurozone manufacturing activity expanded in August for the first time since mid-2022, driven by stronger domestic…
S. Korea’s retail sales remain flat in May ’25
South Korea’s retail sales were unchanged in May 2025 from the previous month, while declining 0.2 per cent…
French services contract for 9th month in May ’25
France’s service sector contracted for the ninth consecutive month in May, though at the slowest pace so far this…
S. Africa’s private sector expands for 1st time since Nov. ’24
South Africa’s private sector returned to growth in May, with the S&P Global PMI rising to 50.8 from 50.0 in…
S&P Global: Russian factories see slight recovery in May
Russia’s manufacturing sector showed signs of returning to growth in May, with the latest S&P Global Purchasing…
Italy’s economy shows modest growth in early ’25
Italy's economy grew by 0.3 per cent in the first quarter of 2025 compared to the previous quarter and 0.6 per cent…
France’s economy rebounds in Q1 ’25
France’s gross domestic product (GDP) rose by 0.1 per cent in the first quarter of 2025, recovering modestly from a…
Egypt, China firm partner to locally produce MRI, X-ray devices
The Arab African Company for Medical Industries (AACMI), a subsidiary of the Arab Organization of industrialization…
Trump’s tariffs could hit Central Europe’s economies – S&P Global
US President Donald Trump's plan to impose 25 per cent tariffs on European Union imports could dent Central…
S. Korea’s c. bank trims ’25 economic growth forecast
South Korea's central bank on Monday revised its 2025 economic growth projection to 1.6-1.7 per cent, down from the…
China factory activity likely to expand in Dec.
China's factory activity is expected to grow for the third consecutive month in December.
Russia to ease fuel export restrictions – Novak
Russia plans to ease non-market measures in the fuel sector, including export restrictions, Deputy Prime Minister…
Spain GDP grows in Q3 2024
Spain's gross domestic product (GDP) rose by 0.8 per cent in the third quarter of 2024, matching the growth rate…
World Bank ‘cautiously optimistic’ about Djibouti’s economic outlook
The World Bank’s latest outlook for Djibouti remains "cautiously optimistic," with projected annual GDP growth of…
Switzerland’s GDP rises in Q2 ’24
Switzerland’s GDP - adjusted for sporting events - grew by 0.5 per cent in the second quarter of 2024, up from 0.3…
Turkey maintains policy rate at 50%
The Central Bank of Turkey kept its policy rate at 50 per cent on Tuesday.
S. Korea’s factory PMI drops to 51.4 in July
South Korea's manufacturing sector grew in July with a S&P Global Purchasing Managers' Index (PMI) reading of…
China’s industrial output stumbles at 5.3% YoY in June
China's industrial output increased by 5.3 per cent in June compared to the previous year.
Japan services drop for 1st time in 2 yrs
Japan's service sector, a recent driver of economic growth, contracted for the first time in nearly two years in…
China’s fiscal revenue declines 2.8% in first 5-m
China's economic recovery is challenged by declining fiscal revenue, which dropped by 2.8 per cent year-on-year in…
China’s inflation stays flat at 0.3% YoY in May
China's Consumer Price Index (CPI) held steady in May at 0.3 per cent year-on-year, matching April's figure but…
German economy to stagnate in 2024 – DIHK
Germany's economic recovery remains elusive, with the country's largest business association, the German Chambers…
China’s exports rise 1.5% in April Y-Y
Chinese exports grew 1.5 per cent year-on-year in April, meeting analyst expectations after a 7.5 per cent decline…
OECD upgrades ’24, ’25 growth forecasts for France
France’s GDP growth is set to dip to 0.7 per cent in 2024 from 0.9 per cent in 2023 before rebounding to 1.3 per…
Asia-Pacific to approach smooth economic transition – IMF
Asia-Pacific is approaching a smooth economic transition, marked by rapid disinflation and robust growth, though…
Russia’s ’24 GDP growth forecast may rise following robust start
Russia’s Economic Development Ministry will soon complete its macroeconomic forecast scenarios, most likely to…
Russian manufacturing hits 18-year high – PMI
Russia’s manufacturing sector saw its fastest expansion in nearly 18 years in March, according to a business survey…
China can no longer rely on real estate for growth
Chinese authorities face an ever-growing list of challenges, be it an ongoing trade fight with the U.S. or…
Car Spares Exports Reach EGP 4.4 bln In 2012
The Egyptian companies' exports of car spares have increased throughout the period from January to November 2012;…