Prior 50.0Composite PMI 48.2 vs 47.2 prelimPrior 49.1Despite the revision higher, UK services activity is seen slumping at its fastest pace since January last year. Business optimism also fell sharply to its weakest...
A further slump in demand conditions sees the euro area manufacturing downturn deepen in October, with the headline reading being a 29-month low. Geopolitical uncertainty, high inflation and weaker economic conditions around the...
The German manufacturing downturn deepens in October with a faster decline in both new orders and output being noted. The only consolation is that inflation pressures have cooled a little but are still...
A slight revision higher but it still marks a modest contraction of the manufacturing sector in the UK as output, new orders and new export business all decline. That comes despite input cost...
Italian GDP Prelim -QoQ: 0.5% (Forecast 0%, Previous 1.1%)YoY: 2.6% (Previous 4.7%)A surprise beat by the Italians, and another nail in the coffin for the early ECB pivotReuters Note:Italian GDP has exceeded expectations...
Core CPI +4.8% vs +4.8% y/y prelimA slight revision lower to the headline reading, but close enough to be called double-digits - just not officially now. Either way, it still represents a record...
