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  • German private sector remains in contraction in November

    From pmi.spglobal.com

    Germany’s private sector economy remained firmly in contraction territory in November, latest ‘flash’ PMI® data from S&P Global showed. However, the rate of decline in business activity eased and firms were less pessimistic about the year-ahead outlook. Demand continued to come under pressure from strong inflation, though even on the price front there were some encouraging signs as firms reported the slowest increase in costs for a year-and-a-half and a weaker rise in prices charged for goods and services. Despite falling workplace activity, labour market conditions remained relatively robust. The headline S&P ... (full story)

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    French economy contracts for the first time since February 2021

    From pmi.spglobal.com|Nov 23, 2022|2 comments

    France’s private sector economy contracted in November, according to the latest ‘flash’ PMI survey by S&P Global, marking the first month of decline since February 2021. ...

    Consumer Price Index: October 2022

    From statssa.gov.za|Nov 23, 2022

    Annual consumer price inflation was 7,6% in October 2022, up from 7,5% in September 2022. The consumer price index increased by 0,4% month-on-month in October 2022. The main ...

    Eagle Mountain raises cash for Arizona exploration

    From miningweekly.com|Nov 23, 2022

    ASX-listed Eagle Mountain Mining will raise up to A$6-million in a share placement to fund exploration work at Oracle Ridge copper project, in Arizona. The company has received ...

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    Eurozone economic contraction eases in November, price pressures cool

    From pmi.spglobal.com|Nov 23, 2022

    November saw business activity fall across the eurozone for a fifth month running, according to flash PMI data. Although the rate of decline remained the secondstrongest since ...

    China may have ‘passed the point of no return’ as Covid infections soar

    From cnbc.com|Nov 23, 2022|3 comments

    Surging Covid infections across mainland China make it harder for the government to achieve zero-Covid without reverting to a harsh lockdown, Macquarie’s Chief China Economist ...

    Sharpest fall in new orders since January 2021 as cost of living pressures continue to hit the UK...

    From pmi.spglobal.com|Nov 23, 2022|3 comments

    UK private sector firms signalled another reduction in business activity during November, which stretched the current period of decline to four months. New orders meanwhile ...

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  • Story Stats
  • Posted: Nov 23, 2022 3:31am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 648
  • Linked events:
    GE Flash Manufacturing PMI
    GE Flash Services PMI
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