Egypt’s non-oil private sector contracts in May – PMI
ypt’s non-oil private sector remained in contraction in May, with the S&P Global Egypt PMI rising to 47.1 from…
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inflationary pressures
UK shop prices flat in May, food inflation accelerates
UK shop price deflation held steady at 0.1 per cent year on year in May, unchanged from April and above the…
UK house prices up in March – Halifax
UK house prices rose by 0.3 per cent in March, lifting the average property value to £297,781 and pushing annual…
URGENT: ECB cuts interest rates
The European Central Bank (ECB) decided on Thursday to lower its key interest rates by 25 basis points, effective…
Egypt’s non-oil private sector contracts in March ’25
Egypt’s non-oil private sector contracted in March, with the S&P Global Egypt Purchasing Managers’ Index (PMI)…
S&P Global: Egypt’s non-oil private sector up for 2nd month
Egypt’s non-oil private sector maintained growth momentum in February, as client demand continued to strengthen,…
Türkiye’s inflation surpasses expectations in Jan. ’25
Türkiye's inflation rate exceeded expectations in January 2025, with the Consumer Price Index (CPI) rising by 42.12…
ECB’s Knot backs market forecast for rate cuts
European Central Bank (ECB) policymaker Klaas Knot expressed support for market expectations of interest rate cuts…
S. Africa PMI dips below 50 in Dec ’24
South Africa's Purchasing Managers’ Index (PMI) slipped to 49.9 in December 2024, down from 50.9 in November,…
Spain’s manufacturing sector ends ’24 on a high note – PMI
Spain’s manufacturing sector showed resilience in December, with the HCOB Spain Manufacturing PMI rising to 53.3,…
Nigerian private sector shows signs of recovery in Dec ’24 – PMI
The Nigerian private sector experienced a notable rebound in December 2024, with the Purchasing Managers’ Index…
Norway holds key rate unchanged at 4.5%
Norges Bank decided on Thursday to maintain the key policy rate at 4.5 per cent during its 18 December meeting,…
Turkey’s inflation surge continues in Nov. ’24
Turkey's inflation continued to surge in November 2024, with the Consumer Price Index (CPI) rising by 47.09 per…
Zambia raises interest rate to 14%
Zambia raised its benchmark interest rate to 14 per cent on Wednesday as inflation continues to surpass the Bank of…
Bank of Russia to tighten policy amid inflation concerns
The Bank of Russia has indicated the need for additional tightening of monetary conditions to curb inflationary…
S&P PMI: Ghana’s private sector grows in August
Ghana's private sector experienced a return to growth in August, with the S&P Global Ghana Purchasing Managers’…
Uzbekistan’s annual inflation hits 10.5% in August ’24
Uzbekistan's annual inflation rate reached 10.5 per cent in August, as reported by Uzbek media on Tuesday.
Egypt’s non-oil private sector grows for 1st in 3-y – PMI
Egypt's non-oil private sector experienced growth in August for the first time in three years, according to the…
UK shop prices decline in August
UK shop prices fell into deflation for the first time in nearly three years in August, registering a decline of 0.3…
French inflation hit 2.6% in July, misses forecast
French inflation rose to 2.6 per cent in July, slightly above June's 2.5 per cent but below the 2.8 per cent…
Japan’s factory activity contracts amid rising costs – PMI
Japan's manufacturing sector experienced a slight contraction in July to 49.2 compared to 50.0 in June.
Global business sentiment stable amid variations – survey
Global business sentiment has remained stable, according to the S&P Global Business Outlook Survey.
India’s fuel consumption rises in June
India's fuel consumption rose by 2.6 per cent year-on-year (YoY) to 19.99 million metric tons in June, according to…
German consumer sentiment likely to fall in July
German consumer sentiment is poised to decline slightly in July, ending a four-month streak of increases, as…
BOJ mulls near-term rate hike
The Bank of Japan (BOJ) on Monday is considering raising interest rates soon due to concerns about increasing…
ECB needs to keep economy in check – Lane
Eurozone wage growth is expected to slow next year, but persistent inflationary pressures will prompt the European…
China’s services sector surges 54.0% in May – Caixin PMI
China's service economy saw a surge in activity in May, driven by a rise in new business and exports.
Thai exports surge, surpassing expectations
Thailand's export sector rebounded in April, surpassing analysts' expectations with a notable surge in growth,…
Bank of Korea maintains rates at 15-year peak
Bank of Korea (BOK) maintained its interest rates at a 15-year peak on Thursday, adopting a balanced stance on…
Egypt’s non-oil private sector declines end of Q1 – PMI
Egypt’s non-oil private sector economy continued to decline at the end of the first quarter, per the latest PMI…
Bank of Uganda raises key rate by 50 basis points
Bank of Uganda increased its primary lending rate by 50 basis points to 10.00 per cent on Wednesday attributing the…
Egypt’s PMI index at 46.7 in March as steep inflationary pressures weigh on
Egypt’s Purchasing Managers’ Index (PMI) for the non-oil private sector fell slightly to 46.7 in March, from 46.9…
Central Bank of Egypt raises key interest by 50 basis points
Egypt's Monetary Policy Committee (MPC) decided to raise benchmark interest rates by 50 basis points Thursday,…
Egypt Central Bank Sees Interest Rates Unchanged Tomorrow
Egypt's Central Bank is expected to keep key interest rates, deposit and lending rates unchanged on its upcoming…
Egypt Interim Govt Targets GDP Growth between 3-3.5% in 2013/14
Dr. Ahmed Galal, Egypt’s Minister of Finance, stated that government targets to push GDP growth between 3-3.5% in…