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Spain's Factory Activity Growth Moderates In December

Spain's Factory Activity Growth Moderates In December”

Andrew Harker, associate director at IHS Markit, which compiles the survey, said "The Vietnamese manufacturing sector recorded a welcome return to growth of output in December, supported by a solid and accelerated increase in new orders".

"The fall in the headline PMI was driven by a contraction in new orders".

The moderate decline in headline PMI was mainly attributable to the lower inventory, while production growth remained solid despite the "unfavorable working day effect", as there were two fewer working days in December 2017 compared with a year ago, said a CICC research report. Furthermore, the rate of growth quickened to the sharpest since October 2016.

Eden Hazard rejected Chelsea contract extension claims father
Chelsea , who face Stoke today, are a whopping 16 points behind league leaders Manchester City. Conte admitted finishing in the top four would represent a successful season.

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

Despite the negative impact from the working day effect and lower inventory, December manufacturing PMI indicated that the Chinese economy continued to pick up strength, CICC said.

Businesses would remain positive in terms of output over the next 12 months. Although the rate of inflation quickened to a 10-month high, it was modest and weaker than the long-run series average.

Texas Jobless Rate for November at Record Low of 3.8 Percent
Annual employment growth for Texas increased to 2.7 percent in November, marking 91 consecutive months of annual growth. The November unemployment rate is three-tenths of a percentage point lower than November of previous year .

Meanwhile, the sub-index of supplier deliveries declined 0.2 points month on month to 49.3, showing a slower delivery by raw material suppliers.

The report shows an uptick in growth in New Orders, with December's outturn the strongest in the current 17-month sequence of growth and third-fastest in the survey's history.

The uptrend was driven by stronger market demand from home and global markets, Dodhia added.

Xiaomi Redmi Note 5 not coming?
The 4GB + 32GB version of the Mi Max 2 will be sold at Rs. 12,999/- and the 4GB + 64GB version will be available at Rs. 14,999/-. The sale will officially start on December 20 at 12 noon and continue till December 21 on Xiaomi's official Mi.com website.

However, the sector continues to face some turbulence as delayed customer payments contributed to greater volumes of outstanding work. "As consumer spending recuperates, 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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