Japan Nov industrial output seen swinging back to contraction: Reuters poll
TOKYO (Reuters) – Japan’s industrial output in November likely swung back to contraction for the first time in three months, a Reuters poll of analysts showed on Friday, dented by sluggish demand…
Inflation turns 3% growth for German retail into 2% contraction – association
BERLIN – The German Retail Association left unchanged its forecast for the sector to grow 3% in nominal terms in 2022, but rising inflation meant that turnover would shrink by 2% in…
Egypt private sector activity extends contraction in May as inflation weighs-PMI
CAIRO – Non-oil private sector activity in Egypt contracted for an 18th month in May as the Ukraine crisis, import restrictions and a devalued currency put pressure on prices, a survey showed…
S&P Global forecasts 8.5% contraction in Russia’s economy in 2022
(Reuters) – S&P Global cut its 2022 GDP growth estimate for Russia by more than 11 percentage points to an 8.5% contraction, while its forecasts for Poland and Turkey were shaved by…
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