Month: January 2025

Germany’s manufacturing PMI fell to 42.5 in December, indicating a sharp downturn as output and new orders slumped due to weak domestic demand and excess inventories. Staffing and stock cuts continued, though at slower rates,...

India-EU FTA could boost India’s apparel exports by reducing tariffs to zero, enhancing competitiveness particularly in non-knit items (HS Code 62). Competitors like Bangladesh and China may lose market share. India needs to...

The UK’s GDP grew 0.2 per cent in August 2024, with a 1 per cent year-on-year increase. Manufacturing output rose by 0.5 per cent, driven by a 1.1 per cent rise in manufacturing. Clothing imports fell by 4.5 per cent y-o-y,...