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The seasonally adjusted Absa PMI declined by 1.9 points to 46.2 in December, remaining in contractionary territory. This places the 2024 Q4 average PMI at 49 points, only slightly below 2024 Q3 (49.8 points) but above Q1 (47.8) and Q2 (48.1). While the manufacturing sector experienced a volatile year, December’s second consecutive monthly decline reversed […]
The unemployed persons in Cyprus registered at the District Labour Offices on the last day of December 2024 reached 12,382 persons, up 10.5% from the...
The Absa PMI remains in the doldrums, a reflection of ebbing confidence in the manufacturing sector which could signal that South Africa’s economy...
While the total number of new business continued to rise, new export orders decreased for the second month running.
Eurozone manufacturing activity declined further in December, signaling ongoing industrial recession in major economies.
Post-festival economic moderation in India is causing lower-than-expected growth in Q3 2024, indicated by slowing GST growth, manufacturing PMI, and...