Flooding slows Spanish manufacturing growth in November, Reuters PMI shows

MADRID (Reuters) – Spain’s manufacturing sector grew more slowly in November, hampered by severe flooding in the east coast region of Valencia, a survey showed on Monday, although confidence in future growth remained strong. HCOB Spain’s manufacturing purchasing managers’ index (PMI), compiled by S&P Global, fell to 53.1 in November from 54.5 in October, marking…

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Annual house prices in Great Britain are rising the most in two years, according to Nationwide By Reuters

LONDON (Reuters) – British house prices rose in November at the fastest annual pace since November 2022, mortgage lender Nationwide said on Monday, adding to signs of resilience in the property sector despite higher borrowing costs. Annual prices rose by 3.7% in November, and by 1.2% on a monthly basis, Nationwide announced. Both the annual…

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