Italy's Manufacturing Growth Robust In December

Buildings in Beijing shrouded by smog. Wikimedia Commons

Buildings in Beijing shrouded by smog. Wikimedia Commons

Ireland's economy is nearly certain to have been the strongest performer in Europe for the fourth straight year, while unemployment has been on a steady downtrend since 2011.

IHS Markit's Purchasing Managers' Index (PMI) for manufacturing, which accounts for about a quarter of the economy, jumped to an all-time high of 63.3 from 62.5 in the previous month.

The pickup in December's manufacturing PMI came on the back of strong demand both at home and overseas.

This year has been strong, with the average PMI the best since 2006, Harker said. This led to an increase in output price.

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Yet after being so impressive for so long, the draw at Crystal Palace offered proof that City can be stopped. First of all, Guardiola's squad is beginning to suffer from injuries and the absences of key players.

However, full-year growth was still the fastest in three years at 3.5 percent, raising the possibility that the Monetary Authority of Singapore (MAS) could tighten its exchange rate-based monetary policy this year.

Nikkei evaluated that one of the factors leading to the improvement in operating conditions was a return to production growth. Notably, the rate of growth outstripped the trend seen since the start of the survey. The level of new contracts received from overseas - mainly from Asia, the United States and Europe - rose at the fastest rate in the history of the survey. Furthermore, the rate of growth quickened to the sharpest since October 2016.

"Panellists commented on reduced volumes of new business". In turn, new export orders rose at the quickest pace since June.

Accordingly, Indian manufacturers upped their staffing levels at the end of the year.

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Sunday morning's low of -21° at Rapid City Regional Airport set a record low temperature for December 31st. Have a wonderful New Year, and warm wishes for an incredible 2018! "It's downright bitter cold", he said.

Job creation accelerated in December and was steep overall as firms made efforts to expand capacity.

China's manufacturing sector continued to expand in December, pointing to economic resilience in the country's factory sector.

Another major tech producer, Taiwan, saw manufacturing activity hitting its highest since April 2011 at 56.6 last month, according to a December survey. An expectation of an improvement in economic conditions was cited as the key factor behind positive sentiment. Members of the survey team said late delivery was mainly due to the shortage of raw materials.

A private survey that focuses on small and medium-sized firms in showed that manufacturing activity picked up at a slower pace in November.

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Moreover, as consumer spending recuperated, firms were restricted in their ability to pass on higher cost burdens to clients which further placed upward pressure on firms' margins.

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