INSIGHTS China's consumer price index (CPI) rose by 0.5 per cent YoY and 0.7 per cent month on month (MoM) in January. The core CPI (excluding food and energy) rose by 0.6 per cent YoY in the month, up from the 0.4-per cent YoY increase in December 2024. The country's producer price index went down by 2.3 per cent YoY in January, flat with that in December 2024. It dropped by 0.2 per cent MoM in the month. The consumer price index (CPI) in China rose by 0.5 per cent year on year (YoY) and 0.7

INSIGHTS Nigeria's Ogun state governor Dapo Abiodun has said the biggest cotton and apparel industry in West Africa will be soon set up in the state that can employ up to 40,000. The groundbreaking ceremony for it would be performed soon, and it will be located in the Special Agro-Processing Zone. His administration is working on generating power that would offer industries the cheapest source of energy. Governor of Nigeria’s Ogun state Dapo Abiodun recently said the biggest cotton and

China channelled $548.65 million into Cambodia's industrial sector in January, accounting for 73.35 per cent of the country's overall investment capital of $748 million in the month. Top FDI source China is followed by Vietnam at 5.52 per cent. Ongoing US tariffs on China, the pandemic-induced supply chain disruptions and rising costs are driving a partial shift of manufacturing out of China. China channelled $548.65 million into Cambodia’s industrial sector in January this year. The va

INSIGHTS The ITMF's January 2025 survey shows cautious optimism in the textile industry. The global business balance remains negative at -15pp but is improving, with South America at +21pp. Garment manufacturers turned positive at +3pp. Optimism is rising, with 43 per cent expecting better conditions, lifting the outlook to +29pp. Orders recover, but challenges like weak demand persist. The ITMF’s 30thGlobal Textile Industry Survey conducted in January 2025 reveals a cautiously optimis

INSIGHTS Seasonally-adjusted GDP remained stable in the euro area and rose by 0.1 per cent quarter on quarter (QoQ) in the EU in Q4 2024, a Eurostat flash estimate found. The same rose by 0.9 per cent YoY in the euro area and by 1.1 per cent YoY in the EU in Q4 2024. In Q3 2024, GDP had grown by 0.4 per cent QoQ in both areas. It rose by 0.7 per cent in the euro area and by 0.8 per cent in the EU in 2024. Seasonally-adjusted gross domestic product (GDP) remained stable in the euro area and in

INSIGHTS US real GDP rose at an annual rate of 2.3 per cent in Q4 2024, the advance estimate released by the Bureau of Economic Analysis show. In Q3, it increased by 3.1 per cent. The price index for gross domestic purchases increased by 2.2 per cent in Q4 2024 compared with an increase of 1.9 per cent in Q3. Real GDP increased by 2.8 per cent in 2024 compared with an increase of 2.9 per cent in 2023. US real gross domestic product (GDP) increased at an annual rate of 2.3 per cent in the four

INSIGHTS The US has imposed a 25 per cent tariff on textile and apparel imports from Canada and Mexico, citing national security concerns. This move threatens Mexico's $8.9 billion and Canada's $2.48 billion exports, shifting US orders to Asia, Latin America, and Europe. Vietnam, Bangladesh, India, and CAFTA-DR nations are poised to benefit as US buyers seek cost-effective alternatives. President Donald J. Trump has announced the imposition of additional tariffs on imports from Canada, Mexico

INSIGHTS The ITMF's January 2025 survey shows cautious optimism in the textile industry. The global business balance remains negative at -15pp but is improving, with South America at +21pp. Garment manufacturers turned positive at +3pp. Optimism is rising, with 43 per cent expecting better conditions, lifting the outlook to +29pp. Orders recover, but challenges like weak demand persist. The ITMF’s 30thGlobal Textile Industry Survey conducted in January 2025 reveals a cautiously optimis

INSIGHTS Industrial producer prices rose by 0.4 per cent month on month (MoM) in both the euro area and the EU in December 2024, first official estimates show. The same remained stable YoY in the euro area and rose by 0.1 per cent YoY in the EU in the month. The annual average of such prices for 2024 fell by 4.2 per cent YoY in the euro area and by 4 per cent YoY in the EU. Industrial producer prices increased by 0.4 per cent month on month (MoM) in both the euro area and the European Union (

INSIGHTS China's manufacturing sector grew slightly as the year began, according to Caixin China general manufacturing PMI data. Manufacturing production rose at a quicker pace amid higher new business inflows. As a result, purchasing activity and inventory levels rose. Business sentiment improved, though firms were cautious with hiring. Output prices also fell at a quicker pace despite stable input costs. China's manufacturing sector expanded slightly as the year began, according to Caixin C