Economy News

Economy

US Composite PMI Reaches 33-Month High in December: A Mixed Bag of Economic Indicators

The US PMI Composite Output Index reached a 33-month high in December, driven by an increase in the services sector and a decline in manufacturing. Key indicators show a mixed econ...

Economy

Uncertainty Looms Over ECB's Monetary Policy Cycle End

ECB Vice-President Luis de Guindos raises doubts about the end of the current monetary policy cycle, stating interest rate cuts will continue but final outcome is uncertain. He als...

Economy

Italian Inflation Surges to 1.3% in November, Driven by Energy and Food Prices

Italy's consumer price index increased by 1.3% in November, driven by energy and food prices. Core inflation edged up to 1.9%, while the HICP rose by 1.5% annually.

Economy

UK Private Sector Activity Stagnates in December Amid Economic Uncertainty

UK's private sector activity remained unchanged in December, with the PMI Composite Output Index at 50.5. Services PMI rose to a two-month high, while Manufacturing PMI hit an 11-m...

Economy

German Private Sector Shows Signs of Recovery in December

Germany's private sector activity showed a slight improvement in December, with the services sector reaching a two-month high and the manufacturing sector facing challenges. This c...

Economy

December Sees Promising Uptick in Eurozone Private Sector Activity

The Eurozone's PMI Composite Output Index is expected to rise to 49.5 in December, up from 48.3 in November, indicating improved private sector activity and a two-month high.

Economy

ECB's Lagarde Hints at Further Rate Cuts Amid Disinflation Trend

ECB President Christine Lagarde suggests further interest rate cuts may follow if disinflation data continues to confirm the trend. She also warns of potential energy price and fre...

Economy

South Korea's Money Supply Sees 17th Consecutive Month of Growth in October

South Korea's money supply continued to grow in October, marking the 17th consecutive month of increase. Driven by banks' deposit attraction efforts and corporate fund reinflow, th...