China's factory activity shrank in November as widespread COVID-19 curbs disrupted manufacturers' output, a private sector survey showed on Thursday, weighing on employment and economic growth in the fourth quarter.
Factory output slumped widely across Asia in November as slowing global demand and uncertainty over the fallout from China's strict COVID-19 lockdowns weighed on business sentiment, private surveys showed on Thursday.
Investing.com-- Oil prices rose further on Wednesday after data pointed to a large weekly drawdown in U.S. crude inventories, although concerns over waning Chinese demand and slowing global economic growth put markets on course for steep losses in November.
BEIJING (Reuters) - China's manufacturing and services activities shrank further in November to seven-month lows, official data showed, stung by the country's strict COVID-19 restrictions and rising infections that analysts said will hurt the economy well into 2023.
BEIJING (Reuters) - China's services activity contraction deepened in November, official data showed on Wednesday, as already strict COVID-19 restrictions tightened further in some cities due to surging infections and struck a blow to consumption.
Investing.com -- Eurozone inflation fell by more than expected to 10.0% in November, according to preliminary data on Wednesday from the European Commission's statistics arm Eurostat.