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French private sector economy starts 2023 with a third successive contraction
France’s economy registered its third straight monthly decline in private sector output at the start of 2023, reflecting a further drop in goods production and a sustained weakening across the service sector. That said, the overall rate of contraction was only marginal, as was the case in the prior two months, suggesting that France’s economic downturn remains modest in nature thus far. The latest ‘flash’ survey results for January showed a sixth successive monthly fall in private sector new business, leading backlogs of work to decline. Nevertheless, employment growth strengthened to a three-month high and ... (full story)
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From bnnbloomberg.ca|Jan 24, 2023Yamana Gold Inc.’s $4.8-billion takeover will be the catalyst for “much needed” consolidation in the gold industry this year, says founder Peter Marrone. “I’m a bit jaded, because ...
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From pmi.spglobal.com|Jan 24, 2023|3 commentsThe German services economy returned to growth in January, leaving the country’s overall private sector on a more stable footing at the start of the year, latest ‘flash’ PMI® data ...
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From pmi.spglobal.com|Jan 24, 2023The seasonally adjusted S&P Global ‘flash’ Eurozone PMI® Composite Output Index rose for a third consecutive month in January, up from 49.3 in December to 50.2 in January, ...
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- Posted: Jan 24, 2023 3:16am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 558
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