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GLOBAL ECONOMY-Factories take Omicron risks in their stride for now | Hellenic Shipping News Worldwide

Global manufacturing activity remained strong in December as factories took rising cases of the new Omicron coronavirus variant in their stride, although persistent supply constraints and rising costs clouded the outlook for some economies. Rising global infections have inspired policymakers to tread carefully, with outbreaks in China forcing some firms to suspend production and threatening ...
South Korea United Kingdom Leika Kihara Alex Holmes Tomasz Janowski Shri Navaratnam

US manufacturing cools but globally factories take Omicron risks in their stride for now

Global manufacturing activity remained strong in December as factories took rising cases of the new Omicron coronavirus variant in their stride, although persistent supply constraints and rising costs clouded the outlook for some economies. Rising global infections have inspired policymakers to tread carefully, with outbreaks in China forcing some firms to suspend production and threatening ...
United States United Kingdom South Korea Leika Kihara Alex Holmes Tomasz Janowski

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Euro zone economic recovery faltered in Dec as Omicron spread -PMI | Hellenic Shipping News Worldwide

The euro zoneโ€™s economic recovery faltered in December as a resurgence in COVID-19 infections curtailed growth in the blocโ€™s dominant service industry, a survey showed, and could weaken further if tighter restrictions are imposed. As the Omicron coronavirus variant spread rapidly at the end of last year governments reimposed measures to contain infection rates, particularly ...
Joe Hayes Catherine Evans European Central Bank Composite Purchasing Manager Index Jonathan Cable

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