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Economy

Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.

South Africa factory slump deepens as PMI falls to 45.8 in August
Economy

South Africa factory slump deepens as PMI falls to 45.8 in August

South Africa's manufacturing sector slipped deeper into contraction in August, with Absa's PMI falling to 45.8. New orders and output weaken

Priya Raman ·
Italy's jobless rate holds at 5.8% in July as youth unemployment climbs
Economy

Italy's jobless rate holds at 5.8% in July as youth unemployment climbs

Italy's unemployment rate held at 5.8% in July, but youth joblessness ticked up to 18.9% and employment barely moved. The data suggests the

Priya Raman ·
Greece's factory growth accelerates in August despite supply strains
Economy

Greece's factory growth accelerates in August despite supply strains

Greece's factories expanded at a faster clip in August, with the PMI climbing to 54.4. Domestic orders led the way, but supply shortages and

Priya Raman ·
German manufacturing PMI jumps to 54.3 in August on strong orders
Economy

German manufacturing PMI jumps to 54.3 in August on strong orders

Germany's factories accelerated in August as the S&P Global manufacturing PMI climbed to 54.3, with production growing at the fastest pace s

Priya Raman ·
Poland's factory slump deepens as PMI falls to 48.3 in August
Economy

Poland's factory slump deepens as PMI falls to 48.3 in August

Poland's factory sector weakened further in August as the S&P Global PMI fell to 48.3, below the 50 threshold that separates growth from con

Priya Raman ·
UK house prices rise again in August but miss forecasts
Economy

UK house prices rise again in August but miss forecasts

UK house prices rose again in August, but Nationwide's data came in below expectations. The Bank of England is expected to keep rates at 3.7

Priya Raman ·
South Africa's rand steadies as investors await factory data
Economy

South Africa's rand steadies as investors await factory data

South Africa's rand was little changed early Tuesday as investors waited for August's manufacturing PMI and vehicle sales data. The figures

Priya Raman ·
New Zealand credit demand slips as arrears tick higher
Economy

New Zealand credit demand slips as arrears tick higher

New Zealanders are borrowing less as high interest rates bite. Business credit demand fell 0.8% year on year, consumer credit demand dropped

Priya Raman ·
Australia's factory growth steady at 52 as freight costs bite
Economy

Australia's factory growth steady at 52 as freight costs bite

Australia's manufacturing sector kept expanding in August, with the S&P Global PMI steady at 52. Stronger new orders were tempered by rising

Priya Raman ·
Australia's current account deficit widens to AU$27.22B as imports surge
Economy

Australia's current account deficit widens to AU$27.22B as imports surge

Australia's current account deficit widened to AU$27.22 billion in the June quarter, driven by higher fuel imports and record electric-vehic

Priya Raman ·
China factory activity picks up in August as export orders surge
Economy

China factory activity picks up in August as export orders surge

China's factory activity accelerated in August, with a private PMI climbing to 51.5. Output and export orders grew faster, but firms cut pri

Priya Raman ·
Australian consumer confidence slips as inflation worries linger
Economy

Australian consumer confidence slips as inflation worries linger

Australian consumer confidence dropped 2.6 points to 74.9 in the latest ANZ-Roy Morgan survey, snapping a four-week winning streak. The pull

Priya Raman ·