Switzerland's manufacturing PMI increased to 57.3 in May from 54.5 in April, according to procure.ch and UBS data published Monday.
The consensus estimate for the month stood at 54.
Switzerland's manufacturing PMI increased to 57.3 in May from 54.5 in April, according to procure.ch and UBS data published Monday.
The consensus estimate for the month stood at 54.
The improvement in Spain's manufacturing sector conditions eased in May as new orders and employment fell, while production expanded only slightly amid the ongoing war in the Middle East, S&P Global said Monday.The seasonally adjusted S&P Spain manufacturing PMI fell to 51.2 from 51.7 a month earlier, missing the consensus estimate of 52. The "modest" growth in sector performance was marginally above the historical trend.
Switzerland's seasonally and sporting event-adjusted gross domestic product increased 0.4% in the first quarter, following a 0.2% uptick in the previous quarter, data from the State Secretariat for Economic Affairs showed Monday.The final reading was below the flash estimate of a 0.5% gain. Not adjusted for sports events, the quarterly GDP was 0.7% higher, against the revised 0.2% increase in the prior three-month period.On a yearly basis, the sport event-adjusted GDP climbed 0.3% during the three-month period, against the revised 1.1% gain earlier. Not adjusted for sports events, Swiss GDP increased 0.5%, following the prior revised 1% rise.
Philippines and Vietnam have deepened their relationship to an enhanced strategic partnership during a state visit by Vietnamese leader To Lam to Manila, according to the Office of the President, Philippines.Both sides stressed shared commitment to maintaining peace, stability and a rules-based regional order anchored in international law.Philippine President Ferdinand Marcos Jr said the upgraded ties reflect stronger political and defence cooperation, as well as deeper economic, cultural and people-to-people linkages, noting Vietnam remains the Philippines' sole strategic partner in Southeast Asia.Both countries highlighted expanding collaboration across defence, agriculture, tourism, education and cultural exchanges, with bilateral trade now exceeding $7 billion, as they seek to broaden cooperation amid global uncertainty.