economic slowdown

Manufacturing slowdown: US factory activity slows as tariffs push up prices

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US manufacturing experienced a four-month low in November due to tariffs increasing prices and reducing demand, leading to a build-up of unsold goods. While the ...

Chinese retail sales: Slowest growth recorded since August 2024; external instability, domestic pressures & more concerns weigh

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China’s consumer spending growth slowed to its weakest pace in over a year in October, with retail sales rising just 2.9%. This highlights ongoing challenges ...

Chinese retail sales: Slowest growth recorded since August 2024; external instability, domestic pressures & more concerns weigh

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China’s consumer spending growth slowed to its weakest pace in over a year in October, with retail sales rising just 2.9%. This highlights ongoing challenges ...

Chinese retail sales: Slowest growth recorded since August 2024; external instability, domestic pressures & more concerns weigh

Photo of author
China’s consumer spending growth slowed to its weakest pace in over a year in October, with retail sales rising just 2.9%. This highlights ongoing challenges ...

Chinese retail sales: Slowest growth recorded since August 2024; external instability, domestic pressures & more concerns weigh

Photo of author
China’s consumer spending growth slowed to its weakest pace in over a year in October, with retail sales rising just 2.9%. This highlights ongoing challenges ...

US job market: Layoffs spiked in October; report says highest for the month in 22 years

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October saw the highest job cuts in 22 years, with over 153,000 positions eliminated as employers increasingly adopt AI and face economic pressures. This surge, ...

China’s exports drop! Weak US demand under Trump’s tariffs drag numbers; global outflows dip 1.1% in October

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China’s October exports saw a significant 25% drop to the US, contributing to a 1.1% global decline, the weakest since February. This downturn highlights continued ...

India services sector loses steam: Growth moderates amid rains, competition

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India’s services sector experienced its slowest growth in five months during October, with the HSBC India Services PMI dipping to 58.9. Competitive pressures and heavy ...

China’s Q3 GDP growth slows to lowest in a year; Trump tariffs, trade tensions hit demand — Key points

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China’s economy experienced its weakest pace in a year, growing less than 5% due to sluggish domestic demand and US trade tensions. While exports and ...

Canada rate cut: Central bank trims lending rate to 2.5%; economy struggles under Trump’s tariff war

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The Bank of Canada has lowered its key lending rate to 2.5% in response to the economic strain caused by US protectionism and trade tensions. ...
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