INT
Shift in gender norms is highly uneven globally
Patriarchal discrimination continues to damage women’s economic potential worldwide
InternationalStock market rally has firm foundations but also risks
Fourteen of the 20 largest stock markets have hit all-time highs recently
InternationalEurope’s manufacturing sector is starting to pick up
The euro-area manufacturing PMI rose to a 14-month high of 47.3 and the UK equivalent was above 50
EUChina manufacturing PMIs imply firmer private activity
China’s unofficial manufacturing PMI was solid at 51.7 in May, a clear contrast with the official equivalent contracting
ChinaChina’s 5% growth target is becoming less plausible
The country’s official manufacturing PMI fell into contraction territory in May and services activity also softened
ChinaLimited ECB rate cut scope in the second half of 2024
Euro-area inflation rose to 2.6% in May, the first acceleration this year and driven by higher services inflation
EURaising UK incomes is a priority but is challenging
UK real income growth has been very modest since 2010, compared to both past decades and other major economies
United KingdomClimate adaptation risks being dangerously underfunded
The OECD report ‘Climate Finance and the USD100bn goal’ gives new detail on climate funding to developing economies
International
