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tag: Eurozona

download (4).jpg 04 October 2022

Global industrial production flat after the downturn

Arthur Friedman on the @SourcingJournal analyzes the Manufacturing conditions, that improved slightly in September and through the third quarter, as inflationary pressures eased. However, high energy prices and weakened consumer demand painted a cloudy outlook, according to S&P’s Global Purchasing Manufacturing Index (PMI) of key economies. [Global Production Outlook Bleak, But Steadying – SJ]

 

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Immagine 2022-07-04 180950.jpg 04 July 2022

Global industrial production trends

S&P Global's data and analysis of international production, from the United States to Europe and China, paint a gloomy picture and outlook, weighed down by inflation, as the specter of recession looms. [Here’s What’s Going On in Some of the World’s Biggest Manufacturing Zones – SJ]

 

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download (3).jpg 02 June 2022

Upcoming salary negotiations are likely to push wages up, raising fears of wage-price spirals.

Inflation reached 8.1 percent in the eurozone in May, according to Eurostat's preliminary reading. ECB estimates wage growth to clock in at 3% this year, then declining to 2.5% the next. "There's galloping inflation and wages aren't keeping pace," said Luca Visentini, secretary-general of the European Trade Union Confederation. [Inflation eats wages, leaving workers hungry – Politico]

 

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