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The German economy contracted in 2023 as price pressures impacted economic activity, according to the first calculations of the Destatis, the country's federal statistical office.
THE manufacturing producer price index (PPI) recorded an uptick at 0.3 percent in November, the Philippine Statistics Authority (PSA) reported on Friday.
The UK economy unexpectedly shrank in October, with all three sectors contracting, according to figures released on Wednesday by the Office for National Statistics.
THE manufacturing producer price index (PPI) declined by 0.3 percent in October, the Philippine Statistics Authority reported on Wednesday.
Last month's purchasing managers�* index — a measure of the health of the economy — was 10.9. the figure was well below the 50.3 economists had forecast. faltering activity in the uk was mirrored in the eurozone, where the index fell to a 33—month low of a7. both figures will be closely monitored by bank of england and ecb policymakers ahead of their next interest rate decisions. joining me now is chris williamson, chief business economist at s&p global market intelligence. s&p global is the company behind the pmi data. good to see you. does this mean the uk is heading into a recession...