The S&P Global Eurozone Manufacturing PMI declined to 51.4 in June 2026 from 51.6 in May, broadly aligning with the preliminary estimate of 51.3.Despite the slight slowdown, the sector has now remained in expansion territory for a fifth consecutive month, rounding off the strongest calendar quarter…
British manufacturing activity cooled in June despite a boost to output from stockpiling ahead of price hikes and supply chain problems stemming from the Middle East conflict, a closely watched industry survey showed on Wednesday.The final version of S&P Global's UK Manufacturing Purchasing Manage…
Dubai, United Arab Emirates: Dubai’s real estate market continues to register exceptional demand for luxury properties, supported by growing confidence among local and international investors. This sustained momentum further reinforces the emirate’s position as one of the world’s most stable and at…
Euro zone manufacturing output ended its best quarter since early 2022 last month with easing cost pressures as the U.S. and Iran negotiated a ceasefire giving relief to factories even as sluggish export demand weighed on activity growth, an S&P Global survey showed on Wednesday.The Middle East con…
Singapore's headline inflation is likely to cool this year, CGS International economist Mohamed Afham Zulghafir says in a report. The recent decline in oil prices should help reduce cost pressures across transport, utilities and other energy-related components. "We think the moderation in inflation…
Dubai: The Federal Tax Authority (FTA) participated in the St. Petersburg International Economic Forum (SPIEF 2026), held in St. Petersburg, Russia, under the theme Pragmatic Dialogue: A Path to a Stable Future, with broad participation from government leaders, decision-makers, private sector leade…
The S&P Global Germany Manufacturing PMI was revised higher to 50.3 in June 2026 from a preliminary of 50, pointing to small growth in factory activity, compared to 50.1 in the previous month.There was a modest rise in output that was supported by a slight uptick in demand, while goods producers we…
Jeddah - The Islamic Corporation for the Insurance of Investment and Export Credit (“ICIEC”), a Shariah-based multilateral insurer, and the Islamic Corporation for the Development of the Private Sector (“ICD”), the private sector arm of the IsDB Group, both members of the Islamic Development Bank…
The S&P Global Greece Manufacturing PMI rose to 53.8 in June 2026 from 53.3 in May, signaling the strongest improvement in the health of the goods-producing sector since March.Total new orders increased at the fastest pace in three months, with companies citing a broader pickup in demand, while som…
LONDON (dpa-AFX) - UK house prices remained flat in June as uncertainty caused by the war in the Middle East and the subsequent rise in fuel prices and market interest rates weighed on the property market, data from Nationwide Housing Society showed Wednesday.House prices posted a flat growth in Ju…
Staff WriterThe Saudi Power Procurement Company (Principal Buyer) has released the list of qualified applicants for the second group of Battery Energy Storage System (BESS) projects, prequalifying 27 local and international companies to compete for six utility-scale energy storage projects.The qual…
Switzerland’s procure.ch–UBS Manufacturing PMI fell to 54.3 in June 2026 from a near four-year high of 57.3 in the previous month, coming in below market expectations of 56.5.While the reading remained comfortably above the 50-point threshold that separates expansion from contraction, it marked the…
Austria’s unemployment rate edged up to 6.9% in June 2026 from 6.8% in the corresponding month a year ago.The total number of unemployed persons rose by 6,912 year-on-year to 295,457.Among them, the female unemployment rate went up by 0.3 percentage points to 6.9%, with the number of unemployed wom…
Italy's public budget deficit narrowed in the first quarter to 7.8% of gross domestic product (GDP), compared with 8.4% in the same period of 2025, official statistics agency ISTAT said on Wednesday.The smaller deficit was due to a 4.0% year-on-year increase in revenues, which outstripped a 2.6% ri…
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The S&P Global Italy Manufacturing PMI fell to 52.2 in June 2026, down from 52.9 in May, missing market forecasts of 52.6.While the reading still indicates expansion, marking one of the strongest performances in over four years, the pace of growth in output, new orders, and employment has softened…
Shares in U.K. housebuilders fall after a report shows U.K. house prices in June declined slightly month-on-month. According to Nationwide's house price index, average house prices in the month stood at 277,484 pounds, down from May's 278,024 pounds. Still, they were up 2.2% over the last year. Ana…
Greece's manufacturing sector picked up pace in June, with stronger expansions in output and new orders pointing to firmer demand conditions at the mid-point of 2026.Firms also ramped up hiring and purchasing activity, buoyed by their brightest outlook in months, even as supplier delays and elevate…
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Euro zone manufacturing output ended its best quarter since early 2022 last month with easing cost pressures giving relief to factories even as sluggish export demand partly dragged overall activity growth to its lowest since February, a survey showed.The S&P Global Eurozone Manufacturing PMI (INPM…
