• last year
European manufacturing activity contracted sharply in November, with the euro zone's PMI dropping below the 50-point threshold for growth. Germany remained in contraction, while France experienced its steepest order decline since the early pandemic. The UK saw its sharpest manufacturing contraction in nine months, influenced by tax hikes and global trade disruptions. China's manufacturing recovery gained momentum, supported by stimulus measures and a rush to export ahead of U.S. tariffs proposed by President-elect Donald Trump. China's factory PMI showed its fastest expansion in five months, benefiting other Asian economies.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:31showed its fastest expansion in five months.
00:33For all things money, visit Benzinga.com slash GSTV.

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