The Istanbul Chamber of Industry Türkiye Manufacturing PMI fell to 47.1 in June from 49.8 in May, signaling a sharper deterioration in manufacturing conditions and extending the sector's downturn to 27 consecutive months.Output contracted again after returning to growth in May, amid weaker demand a…
Indonesia's food inflation is expected to continue to rise in the coming months, driven mainly by supply-side pressures including adverse weather and elevated fertilizer costs, RHB economist Wong Xian Yong says in a note. Imported inflation remains an upside risk as a weaker rupiah raises the cost…
The S&P Spain Manufacturing PMI fell to 49.7 in June 2026 from 51.2 in May, missing market expectations of 51 and signaling a minor contraction.This slowdown was heavily driven by a pronounced drop in new orders and export demand, as geopolitical uncertainty regarding the Middle East conflict promp…
The South African rand slipped in early trade on Wednesday, pressured by global risk aversion tied to fading prospects of a permanent U.S.-Iran peace deal, while traders awaited a local manufacturing purchasing managers' index and vehicle sales data for June.
China's official June PMI readings, the strongest since December, suggest the country's economy has regained some momentum, Capital Economics says. Julian Evans-Pritchard, head of China economics, says the uptick in the official manufacturing PMI was driven by a rise in export orders, reinforcing C…
Spanish factory activity shrank in June for the first time in three months as orders fell more sharply and manufacturers ramped up prices to cope with the recent surge in their costs due to the Iran war, a business survey showed on Wednesday.The Spanish Manufacturing Purchasing Managers' Index (PMI…
British annual house prices rose by less than expected in June, but softening expectations for interest rate hikes by the Bank of England are likely to improve affordability, mortgage lender Nationwide said on Wednesday.House prices rose by an annual 2.2% in June, below a 2.4% rise forecast in a Re…
Austria’s annual inflation rate eased to 3.2% in June 2026 from 3.7% in the previous month, preliminary estimates showed.It marked the lowest reading since March, largely due to a slower increase in energy costs, which slowed to 5.4% from 9.8% in May, as fuel and heating oil prices exerted signific…
Kazakhstan's June consumer inflation rate stood at 10.3% year-on-year compared with 10.4% in May, the country's statistics bureau said on Wednesday.Consumer prices in June rose by 0.8%, compared with 0.7% the previous month.
Poland’s S&P Global Manufacturing PMI fell to 46.1 in June 2026 from 49.4 in May, defying expectations of an improvement to 49.7 and marking the sharpest deterioration in factory activity since July 2025.The decline was driven by the steepest drop in new orders in a year, reflecting weaker demand…
Dubai, UAE, July 1st, 2026, ChainwireUtorg, a crypto wallet and card platform built on institutional-grade infrastructure, today announced it has received full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation, effective July 1, 2026 – the date on which the industry’s transiti…
Dubai, UAE, July 1st, 2026, ChainwireUtorg, a crypto wallet and card platform built on institutional-grade infrastructure, today announced it has received full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation, effective July 1, 2026 – the date on which the industry’s transiti…
Siemens AG XETR:SIE will invest €300 million ($342 million) in Germany to expand production of technologies for the global energy transition and for AI data centres, it said on Wednesday.The investment will create 700 new jobs by the end of 2030, the company added.($1 = 0.8772 euros)
Goodtech has signed a contract with Noranett for the modernization of Skistua transformer station in Narvik. The project will strengthen critical power infrastructure in a region preparing for increased activity and international attention ahead of the FIS Alpine World Ski Championships in 2029.Goo…
Kazakhstan's June manufacturing PMI fell to 48.5 versus 49.0 in May, S&P Global said on Wednesday.
Turkey's manufacturing sector contracted in June as the war in the Middle East disrupted demand and supply, a business survey showed on Wednesday.The Istanbul Chamber of Industry's Turkey Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell to 47.1 in June from 49.8 in May. The 50…
Poland's manufacturing sector suffered its sharpest deterioration in almost a year in June, as a steep drop in new orders dragged production back into contraction and sent business confidence to its weakest level in 2-1/2 years.
Hungary's seasonally-adjusted Purchasing Managers' Index (PMI) rose to 51.5 in June (HUPMI=ECI) from 50.2 in May, the index publisher said on Wednesday.The June figure fell short of a long-term monthly average of 52.5 but was higher than an average 50.0 June reading in the past three years, the Ass…
Russian central bank will take into account the impact of rising domestic fuel prices and its secondary effects at its next rate-setting meetings, the regulator said in the minutes to the June 19 meeting, published on Wednesday.The central bank also said that the room for further key rate cuts has…
Eurozone government bond yields open higher, tracking rising U.S. Treasury yields. Focus turns to the flash estimate of eurozone inflation, due at 0900 GMT. Headline annual inflation is expected to have decelerated in June to 3.0% from 3.2% previously, according to the Wall Street Journal's poll of…
