Tag Economic

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Ifo pointed out that German companies intend to raise prices

According to the German Institute for Economic Research (Ifo), more and more German companies are planning price increases. This move indicates that inflation is not slowing down. The Ifo inflation forecast for the coming months was 53.5 in September, compared…

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This will be important this week

Asia On Monday, Japan releases the business condition index of major Japanese manufacturers (Tankan) for the third quarter of 2022. Indonesia reports Manufacturing Purchasing Managers Index (PMI) for September and inflation for September. Malaysia, the Philippines and India report Manufacturing…

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Economic sentiment index for the Eurozone fell sharply in September

Economic sentiment in the euro zone has fallen significantly and more sharply than expected. Businesses and consumers are pessimistic about the inflation outlook in the coming months. The European Commission’s (EC) monthly economic confidence index fell to 93.7 in September…

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This will be important this week

Asia On Monday, industrial production for August will be published in Singapore and the trade balance for August in Hong Kong. On Tuesday, South Korea will publish the consumer confidence index for September, and China will report industrial profits for…

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UK PMI figures for September point to a contraction

S&P Global/CIPS reported that the UK economy slumped further in September as it struggles with rising costs and faltering demand. The Purchasing Managers’ Index (PMI) fell from 49.6 in August to 48.4 in September, the lowest level since January last…

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