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Recent Articles

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S&P Global/CIPS UK Manufacturing PMI in September rose to 48.4 from 47.3 in August; firms cut back production due to decrease in new order intakes, new business down for fourth consecutive month

S&P Global Canada Manufacturing PMI rose to 49.8 in September from 48.7 in August due to decline in new orders; demand dampened due to interest rate hikes, client uncertainty as firms were less optimistic over output expectations for year ahead

Caixin China General Manufacturing PMI decreased to 48.1 in September from 49.5 in August, led by a faster decline in new orders; new business fell for second month in a row, as restrictions around travel, operations dampened customer demand

McKinsey expects inflation to boost annual US national health expenses by US$370B by 2027 versus pre-pandemic estimate; pharmaceutical, supplies costs are higher than normal but show signs of slowing, but labor costs are growing and may top inflation rate

Euro area unemployment at 6.6% in August, unchanged from July and down from 7.5% in August 2021; an estimated 10.966 million in the euro area were unemployed in August: Eurostat

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