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October 10, 2025
Euro traded at 1.1612 against USD at 9:00 AM PST.
Italy's industrial production declined in August, and at the steepest pace in eight months. Industrial output contracted 2.4% month-on-month in August, in contrast to the 0.4% increase in July. Further, this was the sharpest decrease since December 2024, when production decreased by 2.7%.
Production of intermediate and consumer goods fell 1.2% in each case, and capital goods output was 2.2% lower. Energy production was also down by 0.6%. Compared to last year, calendar-adjusted industrial production declined 2.7%. On an unadjusted basis, industrial output fell markedly by 5.7% versus a 0.9% rise a month ago. 10/10/2025 - 05:14:00 (RTTNews)
UK permanent job placements declined at a softer pace, and candidate supply increased sharply amid falling demand for staff in September. Permanent staff appointments dropped at the weakest pace in the year in September.
Meanwhile, temporary billings dropped at a solid pace, which was faster than in August. The starting pay for permanent workers grew at the slowest pace in the current sequence of rises, which began over four and a half years ago. Temporary pay growth also slowed in September.
Overall vacancies continued to drop, but the rate of contractions rose only slightly from August's six-month record. There was a sharp increase in the availability of workers in September. 10/10/2025 - 03:26:00 (RTTNews)
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