Tag: Contraction

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Japanese Economy Contracts 1.8% in Q1 2024, Revised Data Shows

Japanese economy contracts 1.8% in Q1 2024, as revised data reveals sluggish spending by households and companies. Find out more about the impact on GDP.

Global Factory Activity Contracts, Euro Zone and Asia Struggle with China’s Economic Recovery

Global factory activity contracts as euro zone and Asia struggle with China's economic recovery. Challenges remain as experts warn of a persistent slowdown. Can manufacturing regain momentum in 2024?

India’s Manufacturing PMI Hits 3-Month High, Services Growth Slows

India's manufacturing PMI reaches a 3-month high while services growth slows. Explore the significance of the PMI data in assessing the country's economic performance.

Eurozone Business Activity Contracts, Fueling Recession Fears

Eurozone business activity contracts, raising recession fears. Decline in services and factory output, impacting Germany and France. ECB's interest rate rises affecting consumers and services sector.

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German business activity contracts in July flash PMI, Germany

German business activity contracts in July, raising concerns of a potential recession. Manufacturing sector declines, services sector sees slowdown. Potential risks for EU.

UK economy experiences slight contraction in May, falling slightly below expectations

UK economy contracts less than expected in May, putting second quarter on track for growth. Positive outcome amid challenges & uncertainties. #UKeconomy

UK economy contracts in May as businesses halt operations for the coronation

UK economy contracts in May due to coronation bank holiday, causing a dip in GDP. Some sectors decline while others see growth.

India’s manufacturing PMI in June experiences a slight decrease to 57.8

India's manufacturing sector shows steady growth in June 2023, driven by strong demand and expanding operations. Positive outlook for the industry.

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