economic activity News

ECB Optimistic on Disinflation Path Despite Upward Revision of 2025 Inflation Forecast

The European Central Bank (ECB) remains confident in the disinflation process, despite revising the 2025 inflation forecast upwards. The report highlights potential downward pressu...

Swiss Economic Barometer Dips Slightly in February, Signaling a Cautious Outlook

The KOF Swiss Economic Institute reports a slight decline in Switzerland's economic activity in February, with the KOF Economic Barometer dropping to 101.7 points. Despite this, th...

Switzerland's Economic Momentum Slows Down: A Closer Look at February's Decline

Switzerland's economic activity saw a decline in February, as reported by the KOF Swiss Economic Institute. Key sectors like manufacturing and services faced pressure, with some in...

Survey Reveals: 42% of Manufacturing Firms Eye Expansion and Investment Opportunities

A Ficci survey reveals 42% of manufacturing firms plan investments and expansions, with a positive outlook on domestic demand and exports. Challenges include rising costs, but budg...

European Markets Mostly Rise as Investors Eye Key Earnings Reports

European stock markets mostly ended higher as investors focused on key earnings reports from major companies like Banco Santander and GSK PLC, alongside fresh economic activity rep...

China's Manufacturing Sector Contracts in January: NBS Reports PMI at 49.1

China's manufacturing PMI fell below the neutral mark to 49.1 in January, indicating a contraction in the sector. The non-manufacturing and composite PMI also declined, reflecting ...

US Economic Activity Slows in January: A Closer Look at PMI Declines

The US PMI Composite Output Index fell to 52.4 in January, marking a nine-month low, as reported by S&P Global. While the service sector saw a decline, manufacturing PMI improv...

China's Manufacturing PMI Slightly Dips to 50.1 in December: A Detailed Insight

China's manufacturing PMI slightly decreased to 50.1 in December, while the non-manufacturing PMI improved to 52.2. The composite PMI also rose, indicating a positive economic tren...

Fed Anticipated to Announce Third Consecutive 25bps Rate Cut Amid Economic Indicators

Experts anticipate the Federal Reserve will announce a third consecutive 25bps rate cut, influenced by recent inflation rise, economic activity growth estimates, and labor market s...

Black Market Dollar Surges Against Vietnamese Dong Amidst Economic Fluctuations

The dollar rose against the Vietnamese dong on the black market, while official rates remained steady. Globally, the U.S. dollar had its best weekly performance in a month.

December Sees Uplift in British Consumer Confidence: GfK Report

GfK report reveals a positive shift in British consumer sentiment during December, potentially signaling a boost in consumer spending and economic activity.