Tag Archives: output

Visit ESPN.com for the complete story.

Businesses are pulling back on hiring and slowing their output under the strain of rising borrowing costs, according to a study that gives a further signal that the Bank of England could limit future interest rate rises. A modest pickup in manufacturing in August failed to prevent a slowdown in …

Asia’s fourth-largest economy sees industrial output shrink a worse-than-expected 1.8 percent in August. South Korea’s factory production fell for a second straight month in August, a warning sign for the global economy as it faces risks from the war in Ukraine to rising interest rates. Asia’s fourth-largest economy saw industrial …

Investor mood was also hit by new official data from China that showed factory activity continued to contract in the world’s second largest economy following strict Covid lockdowns and a record heat wave. Mainland China’s benchmark Shanghai Composite Index (SHCOMP) tumbled as much as 1.3%, but then pared losses to …