Economy
China’s manufacturing PMI rose to 49.8 in August
China’s manufacturing purchasing managers’ index reached 49.8 in August, 0.6 points above July. It remained below the 50 threshold.
NEWSVERUM / Global briefing
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Economy
Employment in Germany fell 0.5% year on year in August
Seasonally adjusted employment fell by 29,000 people, or 0.1%, from July.
Economy
German import prices rose 8.3% year on year in August
Destatis reported a 43% annual rise in imported energy prices and an 11% increase for intermediate goods.
Economy
German industrial production rose 2% in August
Destatis also reported a 2.3% annual increase in production after calendar adjustment.
Economy
German manufacturing orders fell 10.6% in August as large orders swung
Orders excluding large-scale contracts fell 0.1%; Destatis attributed almost all of the sharp drop to other transport equipment.
Economy
German industrial producer prices rose 4.6% year on year in August
Destatis recorded annual increases of 8.3% for energy and 6.1% for intermediate goods.
Economy
German wholesale prices rose 6.8% year on year in August
Destatis reported a 0.9% monthly rise and said energy products and raw materials were key drivers.
Economy
Dutch manufacturing output prices rose 6.8% in August
CBS reported faster annual growth, with a larger increase for petroleum products
Economy
UK consumer inflation rose to 3.1% in August
The annual UK Consumer Prices Index rate increased to 3.1% in August from 2.9% in July, the ONS said. Transport, particularly motor fuels, made the largest upward contribution.
Economy
UK producer output prices rose 3.7% in August
Producer output prices rose 3.7% in the year to August, while input prices increased 6.1%, the ONS reported. Crude oil and refined petroleum products were major contributors.
Fiscal Policy
UK public borrowing reached £18.3 billion in August
The UK public sector borrowed £18.3 billion in August 2026, £2.9 billion more than a year earlier, according to the ONS. Spending rose more than tax and other receipts.
Economy
Great Britain retail sales volumes rose 0.5% in August
Retail sales volumes in Great Britain increased 0.5% in August after falling by the same amount in July, the ONS said. Volumes were 2.4% above August 2025.