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  • French private sector economy starts 2023 with a third successive contraction

    From pmi.spglobal.com

    France’s economy registered its third straight monthly decline in private sector output at the start of 2023, reflecting a further drop in goods production and a sustained weakening across the service sector. That said, the overall rate of contraction was only marginal, as was the case in the prior two months, suggesting that France’s economic downturn remains modest in nature thus far. The latest ‘flash’ survey results for January showed a sixth successive monthly fall in private sector new business, leading backlogs of work to decline. Nevertheless, employment growth strengthened to a three-month high and ... (full story)

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    Downward pressure on German business activity eases in January as inflation continues to slow and...

    From pmi.spglobal.com|Jan 24, 2023|3 comments

    The German services economy returned to growth in January, leaving the country’s overall private sector on a more stable footing at the start of the year, latest ‘flash’ PMI® data ...

    Eurozone edges back into growth at start of 2023, selling price inflation ticks higher

    From pmi.spglobal.com|Jan 24, 2023

    The seasonally adjusted S&P Global ‘flash’ Eurozone PMI® Composite Output Index rose for a third consecutive month in January, up from 49.3 in December to 50.2 in January, ...

    Environmental groups warn WA’s gas projects will derail new net-zero legislation

    From reneweconomy.com.au|Jan 24, 2023

    Western Australia is to enshrine its commitment to net zero emissions by 2050 into law, but environmental groups warn that the state’s proposed gas projects could derail the goal ...

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  • Story Stats
  • Posted: Jan 24, 2023 3:16am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 514
  • Linked events:
    FR Flash Manufacturing PMI
    FR Flash Services PMI
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