UK Unemployment Rate Holds Steady at 4.3% in Latest Quarter, Matches Expectations
UK Unemployment Rate Holds Steady at 4.3% The UK’s unemployment rate has remained unchanged at 4.3% for the quarter ending in October, matching market expectations. This figure suggests a stable labor market despite ongoing economic challenges. The consistency in the unemployment rate reflects a balance between job creation and workforce participation. For economists and policymakers,
China’s November Retail Sales and Industrial Output Show Solid Growth
China’s November Retail Sales Rise 3.0% China’s retail sales grew by 3.0% in November 2024, reflecting a steady economic recovery. This increase highlights stronger consumer confidence and growing demand across multiple sectors. People in China are gradually spending more, indicating a shift toward pre-pandemic consumption patterns. Online shopping continues to play a crucial role, as
China’s Manufacturing PMI Improves, But Services PMI Declines in Latest Report
Recent data from China reveals mixed signals for the economy, with the official manufacturing PMI showing improvement, while the services PMI slips. This shift is important for understanding the current economic landscape in China, especially as it recovers from global disruptions and internal challenges. Let’s explore what this means for China’s economy and global markets.
IHSG Slightly Strengthened to 7,491 on Tuesday Afternoon
On Tuesday afternoon, the Indonesia Stock Exchange (IDX) recorded a slight strengthening of the Jakarta Composite Index (IHSG), which rose to 7,491 points. This uptick reflects positive investor sentiment and a resilient market in the face of ongoing economic challenges. Market Overview As trading progressed, the IHSG experienced fluctuations, ultimately closing up by approximately 0.2%