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Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows

LONDON, June 1 (Reuters) - Growth in euro zone manufacturing lost momentum in May as demand for goods stagnated and supply-chain disruptions linked to the Middle East war pushed input costs to their highest in four years, a survey showed on Monday.
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Spain's manufacturing growth slows as supply delays intensify, PMI shows

Spain's manufacturing growth slows as supply delays intensify, PMI shows

MADRID, June 1 (Reuters) - Spain's manufacturing sector expanded modestly in May, at a slightly slower pace than in April, as disruptions linked to the Middle East conflict worsened supply delays, raised costs and weighed on demand, a business survey showed on Monday.
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Turkey's manufacturing nears stabilisation, PMI hits highest since March 2024

Turkey's manufacturing nears stabilisation, PMI hits highest since March 2024

ISTANBUL, June 1 (Reuters) - Turkey's manufacturing sector neared stabilisation in May as output returned to growth and export orders rose for the first time in 21 months, a business survey showed on Monday.
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Japan's factory growth slows as cost pressures surge, PMI shows

Japan's factory growth slows as cost pressures surge, PMI shows

TOKYO, June 1 (Reuters) - Japan's manufacturing sector expanded in May at a slightly slower pace, as record export order growth was offset by surging costs driven by the Middle East war and inflated output from stockpiling, a private survey showed on Monday.
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Italian manufacturing cost pressures continue to mount, PMI shows

Italian manufacturing cost pressures continue to mount, PMI shows

ROME, June 1 (Reuters) - Cost pressures in Italy's manufacturing sector rose for a fifth month running in May, fuelled by the conflict in the Middle East, a survey showed on Monday.
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India manufacturing activity rose in May despite cost pressures, PMI shows

India manufacturing activity rose in May despite cost pressures, PMI shows

BENGALURU, June 1 (Reuters) - India's manufacturing sector expanded at its fastest pace in three months in May on sustained demand even as cost pressures were among the most intense in nearly four years and business optimism softened to its lowest since February, a survey showed on Monday.
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China May factory activity expands for sixth month as price pressures ease, private PMI shows

China May factory activity expands for sixth month as price pressures ease, private PMI shows

BEIJING, June 1 (Reuters) - China's manufacturing sector expanded for a sixth straight month in May, although at a slower pace, as output and new orders remained solid and price pressures eased, a private survey showed on Monday.
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Asia's factory output expands as firms stockpile buffers over Iran war risks

Asia's factory output expands as firms stockpile buffers over Iran war risks

By Leika Kihara TOKYO, June 1 (Reuters) - Asia's factory activity expanded steadily in May on stockpiling by some companies to get ahead of supply shocks from the Middle East conflict, private surveys showed on Monday, a sign that the war's economic fallout is broadening across the region.
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US castigates Europe over defence spend as NATO reassures Asia

US castigates Europe over defence spend as NATO reassures Asia

By Gregor Stuart Hunter, Rae Wee and Jun Yuan Yong SINGAPORE, May 31 (Reuters) - The United States fired a fresh broadside at its NATO allies in Singapore over the weekend but Western European officials insisted the grouping remains resilient. Speaking at the Shangri-La Dialogue, U.S.
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German unemployment falls unexpectedly in May

German unemployment falls unexpectedly in May

By Maria Martinez and Friederike Heine BERLIN, May 29 (Reuters) - The number of unemployed people in Germany fell unexpectedly in May, labour office figures showed on Friday, but the office warned that this was due to a one-off effect.
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European markets rise as investors await US-Iran ceasefire extension

European markets rise as investors await US-Iran ceasefire extension

May 29 (Reuters) - European shares rose on Friday and were on track to end the month higher, as investors took comfort from expectations that a proposed deal to extend the Middle East ceasefire and restore shipping through the Strait of Hormuz could be finalised. 
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Top euro zone countries see Iran inflation fallout broaden in May

Top euro zone countries see Iran inflation fallout broaden in May

FRANKFURT, May 29 (Reuters) - Inflation in the euro zone's four largest economies hovered above the European Central Bank's 2% target for a third straight month in May, preliminary data showed on Friday, as a rise in fuel costs triggered by the Iran war began to feed through to other prices.