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December PMI data: Services growth cools down to 11-month low; hiring momentum weakens at year end

This is a representative image. India’s services sector lost momentum at the end of 2025, with growth moderating in December as incoming demand softened and companies held back on hiring, according to a monthly survey released on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index declined to 58.0 in December from 59.8…

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US manufacturing: ISM index records yearly low in December; activity contracts for 10th straight month

Manufacturing activity in US was at record bottom December, marking 10th consecutive month of contraction. The Institute of Supply Management (ISM) index slipped to 47.9 from 48.2 in November.The latest figures mark the lowest reading for the year, with production levels falling below November’s numbers. While employment showed a minor uptick of 0.9 percentage points,…

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Turkey inflation falls to 30.9% in December from 44% a year earlier: Official data

ISTANBUL: Turkey’s annual inflation slowed in December to 30.9 percent, a fourth straight month of declines and well below the 44.4 percent posted a year earlier, official figures showed Monday.The 12-month annual average for 2025 as a whole stood at 34.9 percent, down from 58.5 percent in 2024, Turkey’s TUIK statistics agency said.The figure was…

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Retail inflation outlook: CPI likely rises to 1.66% in December on food prices; still below year-ago levels

India’s retail inflation likely edged higher in December 2025 to 1.66 per cent from 0.71 per cent in November, driven by a strengthening in food prices across most segments, according to projections by Union Bank of India.The official Consumer Price Index (CPI) data for December is scheduled to be released on January 12, 2026, or…

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Bandhan Bank loans grow 10% to Rs 1.45 lakh crore in December quarter; deposits up 11%

Private sector lender Bandhan Bank on Sunday reported a 10 per cent year-on-year growth in its loans and advances, totalling Rs 1,45,227 crore for the third quarter ended December 31, 2025.The bank had reported loans and advances worth Rs 1,32,019 crore in the corresponding period of the previous fiscal.According to the provisional business update submitted…

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