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Top StoriesFrench Services Activity Growth Strongest in Over 4 Years in April -PMI
Top StoriesEuro Zone Factory Output Growth Stalled in April – PMI
Top StoriesFar Fewer German Companies Fearing for Survival – Ifo Survey
Top StoriesSupply Disruption, Weaker Demand Cloud Outlook for German Manufacturers – PMI
Swiss Industry and Households Feel Strain From Rising Prices-Data
Date: May 2, 2022
ZURICH (Reuters) – Switzerland’s manufacturing Purchasing Managers Index (PMI) continued its downward trend in April, data released on Monday showed, as prices continued to rise on a broad scale. The consumer sentiment index, published by the State Secretariat for Economic Affairs (SECO) also on Monday, showed a marked deterioration in consumer sentiment as households feel...
Shortage of Materials in German Manufacturing Eases Slightly – Ifo
Date: April 29, 2022
BERLIN (Reuters) – A shortage of materials in the German manufacturing industry has eased slightly, the Ifo economic institute said on Friday after it surveyed 2,000 companies in the sector. In April, 75.0% of companies complained about bottlenecks and problems procuring intermediate products and raw materials, down from 80.2% in March, Ifo said. “It would...
Confidence Among UK Factories Drops by Most Since Start of Covid Crisis – Cbi
Date: April 25, 2022
LONDON (Reuters) -Optimism among British manufacturers has fallen at its fastest pace since the start of the coronavirus crisis as orders slowed and prices leapt, a survey showed, adding to signs of a slowdown in the economy on the back of rising inflation. The Confederation of British Industry said its quarterly measure of confidence among...
More People in Britain Struggle to Pay Bills, Ons Survey Shows
Date: April 25, 2022
LONDON (Reuters) -Almost a quarter of people in Britain said it became harder to pay household bills even before increases in regulated energy prices took effect, according to an official survey that underscored the breadth of a cost-of-living crisis. Some 23% of people surveyed in March by the Office for National Statistics said it was...
Surprise Rise in German Business Morale in April Despite Ukraine War
Date: April 25, 2022
BERLIN (Reuters) – German business morale unexpectedly rose slightly in April as companies were less pessimistic after the economy appeared resilient following the initial shock of the war in Ukraine, a survey showed on Monday. The Ifo institute said its business climate index rose slightly to 91.8 in April from 90.8 in March. A Reuters...
Two-Speed Euro Zone Economy as Services Shine, Factories Struggle -PMI
Date: April 22, 2022
By Jonathan Cable LONDON (Reuters) -Euro zone business growth unexpectedly accelerated this month, with the bloc’s dominant services sector seeing a sharp increase in activity as consumers shrugged off soaring prices, a survey showed. Manufacturers, however, struggled as supply chain disruptions caused by the pandemic have been exacerbated by Russia’s invasion of Ukraine and renewed...