A recent central bank survey reveals that more Canadian firms anticipate a potential recession within the next year. Concerns over economic stability are rising, with business leaders increasingly wary of inflation and interest rate impacts on growth.
Japan’s factory activity has shown signs of decline as weakening global demand impacts manufacturing output. The latest reports indicate a contraction in production, signaling potential challenges for Japan’s economy amid shifting market conditions.
Italy’s manufacturing PMI for February came in at 47.4, exceeding expectations of 46.8, indicating a slight improvement in economic activity. Despite remaining below the critical 50 threshold, this uptick suggests resilience in the sector amidst ongoing challenges.
