New orders in manufacturing:
January 2024 (in real terms, provisional):
-11.3% on the previous month (seasonally and calendar adjusted)
-6.0% on the same month a year earlier (calendar adjusted)
The last time it was so low was in June 2020 in the midst of Covid
On this day in 1973, Basque separatists ETA assassinated far-right prime minister Luis Carrero Blanco. The action played an important role in ending Franco’s dictatorship — an inconvenient truth for the democratic Spain against which […]
China is currently undergoing a rapid tertiarisation process, with its service industries growing as a share of GDP at the expense of both agriculture and manufacturing. This could be a bad omen for future growth. […]
The EU faces a number of problems in its efforts to become less reliant on China for critical raw materials, not least corruption. Read the article HERE.
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