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German manufacturing recovery remains on track in August: PMI

BERLIN (Reuters) – German manufacturers’ recovery from lockdown measures continued last month, with output growing at the fastest pace since February 2018, a survey showed on Tuesday. IHS Markit’s final Purchasing Managers’ Index (PMI) for manufacturing, which... More »

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UK factories suffer worst quarter on record, CBI says

LONDON (Reuters) – British industrial output recorded its biggest quarterly fall on record during the three months to June as COVID-19 heavily disrupted operations, and a further decline is likely in the months to come, a survey showed on Monday. The Confedera... More »

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German car sector morale plunges ahead of crunch Merkel meeting

BERLIN/MUNICH (Reuters) – The business climate in Germany’s auto sector suffered its biggest slump in April and hit its lowest level since 1991, when the Ifo economic institute began collecting data post-reunification, a survey showed on Monday. The news came ... More »

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UK manufacturers cut jobs at fastest rate since 2012: PMI

LONDON (Reuters) – British manufacturers cut jobs last month at the fastest rate since 2012, a survey showed on Monday, as pressures from Brexit and a global trade slowdown caused the sector’s longest decline since the financial crisis. The IHS Markit/CIPS man... More »

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German manufacturing contraction eases in November

BERLIN (Reuters) – Germany’s export-dependent manufacturing sector contracted at a slower pace for the second month in a row in November, a survey showed on Monday, as companies sounded optimistic about their future business. IHS Markit’s Purchasing Managers’ ... More »

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French consumer confidence holds at 1-1/2 year highs

PARIS (Reuters) – French consumer confidence levels in August held at their highest levels in a year and a half, official data showed on Tuesday, while a measure of confidence within French industry rose slightly. The INSEE national statistics office said cons... More »

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French manufacturers rein in 2019 investment plans: INSEE

PARIS (Reuters) – French manufacturing companies have lowered their investment plans from only a few months ago, according to a quarterly survey from the INSEE statistics agency on Tuesday. Manufacturers plan on increasing investments in 2019 by 6%, down from ... More »

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India June business sentiment lowest since 2016 – survey

(Reuters) – India’s slowing economic growth, water shortage and regulatory hurdles have taken its business sentiment in June to the lowest level since 2016, a survey by market research firm IHS Markit showed on Monday. The aggregate of private-sector companies... More »

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Trade tensions send German investor morale to six-year low

BERLIN (Reuters) – The mood among German investors slumped in July to its lowest since August 2012, a survey showed on Tuesday, soured by concerns about escalating trade tensions with the United States. The ZEW research institute said its monthly survey showed... More »

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Euro zone June factory growth slips to weakest in 18 months

Euro zone factory growth slowed to an 18-month low in June, slipping for the sixth month in a row amid widespread concerns about trade barriers and their impact on overall economic activity, a survey showed on Monday. IHS Markit’s June final manufacturing Purc... More »

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Consumption to fuel German factories as exports weaken: Markit

BERLIN (Reuters) – German manufacturing export sales and new orders grew at their slowest pace in more than two years in June, a survey showed on Monday, adding to signs the sector is cooling as fears of a full-blown global trade war cloud the economic outlook... More »

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Euro zone business growth stabilizes but euro a rising concern

LONDON (Reuters) – Business activity across the euro zone was still growing as the second quarter began, but at a more modest rate than around the turn of the year, a survey showed on Monday. The euro zone unexpectedly was one of the best-performing major econ... More »

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Euro zone’s economic roar lost some volume in February: PMI

The famous skyline with its banking district is pictured as a rescue helicopter flies by in Frankfurt early evening April 13, 2015. The European Central Bank’s governing council will meet in Frankfurt on Wednesday, April 15. REUTERS/Kai Pfaffenbach LONDON, (Re... More »

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Trio of surveys hint at UK investment letdown

FILE PHOTO: Workers are seen in the Canary Wharf financial district in London, Britain, November 11, 2013. REUTERS/Eddie Keogh/File Photo LONDON (Reuters) – Prospects that business investment in Britain will strengthen this year have been dealt an early blow b... More »

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BOJ’s tankan set to show big manufacturers’ mood improving

FILE PHOTO: A man walks past a factory at the Keihin industrial zone in Kawasaki, south of Tokyo, Japan, August 18, 2016. Picture taken on August 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – A measure of business confidence among big Japanese ... More »

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Japan business mood brightens as recovery broadens: BOJ tankan

FILE PHOTO – A man works around a metal procession machine at a factory in Urayasu, east of Tokyo October 9, 2014. REUTERS/Issei Kato Japanese big manufacturers’ business confidence improved for a second straight quarter to hit a one-and-a-half year high in Ma... More »

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Euro zone investor morale hits almost 10-year high

File Photo: A trader speaks on the phone during a trading session on the trading floor of Frankfurt’s stock exchange, Germany, December 17, 2015. REUTERS/Ralph Orlowski Investor sentiment in the euro zone improved more than expected in March, hitting its highe... More »

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Euro zone Feb business growth fastest in nearly six years: PMI

A man works at the assembly line in the truck production plant of truck and bus-maker MAN AG in Munich, Germany July 30, 2015. REUTERS/Michaela Rehle Activity in euro zone businesses grew at its quickest pace in nearly six years in February and job creation re... More »

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German services sector growth strengthens in Feb: PMI

Loading cranes are seen at a shipping terminal in the harbour in Hamburg September 18, 2014. Picture taken September 18. REUTERS/Fabian Bimmer Growth in Germany’s services sector accelerated in February after weakening to a four-month low at the start of the y... More »

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German business morale brightens despite political risks

Employees work at Computed Tomography ‘CAT scan’ at the manufacturing plant of Siemens Healthineers in Forchheim near Nuremberg, Germany, October 7, 2016. REUTERS/Michaela Rehle German business morale brightened unexpectedly in February as managers’ assessment... More »

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Euro zone businesses growth fastest since April 2011: PMIs

Employees use sewing machines as they work at the Royal Mer Bretagne factory, a specialist in French manufactured knitted clothes, in La Regrippiere, western France, November 28, 2016. REUTERS/Stephane Mahe Eurozone private sector and manufacturing growth unex... More »

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UK employers expect to offer smaller pay rises in 2017: BoE

Workers walk to work during the morning rush hour in the financial district of Canary Wharf in London, Britain, January 26, 2017. REUTERS/Eddie Keogh British employers expect to offer less generous pay deals this year compared with 2016 despite rising inflatio... More »

IMF says welcomes Egypt`s currency float: statement

IMF official Chris Jarvis at a news conference in Cairo, Egypt August 11, 2016. REUTERS/Mohamed Abd El Ghany The International Monetary Fund (IMF) has welcomed Egypt’s decision to float its pound currency on Thursday, it said in a statement, adding that the de... More »

‘Lop-sided’ euro zone factory growth slowed in July: PMI

LONDON Aug 1 – Manufacturing growth across the euro zone eased in July, a survey showed on Monday, and signs of a sharper slowdown outside powerhouse Germany may add to calls for the European Central Bank to loosen policy again. Markit’s Purchasing Managers’ I... More »

U.S. small business confidence rises from two-year low

WASHINGTON U.S. small business confidence rebounded from a two-year low in April amid growing labor market optimism, supporting views economic growth will regain momentum in the second quarter. The National Federation of Independent Business (NFIB) said on Tue... More »

UK firms putting plans on hold ahead of EU vote: survey

LONDON Big British firms are delaying deals and hiring decisions ahead of a referendum on the country’s European Union membership, a survey showed on Monday, adding to signs that uncertainty around the vote is weighing on the economy. Chief financial officers ... More »