UK S&P Global Manufacturing PMI (Dec) 50.6 vs. Exp. 51.2 (Prev. 51.2)
Newsquawk Staff · S&P ·
- "The start of 2026 will show if growth can be sustained after these temporary boosts subside. The base of the expansion needs to shift more towards rising demand and away from inventory building and backlog clearance. December’s interest rate cut will hopefully play some part in assisting this transition, encouraging manufacturers and their customers to increase spending and investment. Manufacturers remain uncertain on this score, with business optimism falling for the first time in three months in December."
Sources
- Mexican S&P Global Manufacturing PMI (Oct) 49.50 (Prev. 50.30)
- Brazilian S&P Global Manufacturing PMI (Oct) 46.1 (Prev. 44.8)
- Swiss CPI (Oct YY) 1.5% vs. Exp. 1.3% (Prev. 1.0%); Core (Oct YY) 0.5% vs Exp. 0.5% (Prev. 0.5%)
- Swiss CPI (Oct MM) 0.2% vs. Exp. 0% (Prev. 0.0%)
- ECB's Radev says the economic environment is getting more challenging; October pause does not mean the tightening cycle is over
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