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The latest foreign trade information | The global manufacturing industry is picking up, and Turkey's inflation is soaring;

author:Tengdao Tendata

Take a quick look at the latest foreign trade information and grasp the latest trends: global manufacturing pick-up, soaring inflation in Turkey, increased support for small and medium-sized enterprises in the Gulf countries of the United Arab Emirates, and Amazon's 100 billion investment plan.

1. Foreign trade information - the number of non-farm payrolls in the United States in March increased more than expected

A few days ago, the U.S. Bureau of Labor Statistics released the latest report showing that the seasonally adjusted non-farm payrolls in the United States recorded an increase of 303,000 in March, significantly exceeding the expected 200,000 and higher than the average monthly increase of 231,000 in the past 12 months, the largest increase since May 2023. The unemployment rate fell to 3.8% in March, below expectations and the previous reading of 3.9%.

The latest foreign trade information | The global manufacturing industry is picking up, and Turkey's inflation is soaring;

| 腾道点评:经济形势一片向好。

2. Foreign trade information - the global manufacturing PMI in March was 50.3%, an increase

According to the China Federation of Logistics and Purchasing, the global manufacturing PMI in March 2024 was 50.3%, an increase of 1.2 percentage points from the previous month, ending the operation trend of less than 50% for 17 consecutive months and returning to the expansion range of more than 50%. In the first quarter, the average global manufacturing PMI was 49.6%, higher than the average of 47.9% in the fourth quarter of last year.

The latest foreign trade information | The global manufacturing industry is picking up, and Turkey's inflation is soaring;

| 腾道点评:经济复苏态势好。

3. Turkey's inflation rate rose 68.5% year-on-year in March

Recently, the Turkish Statistical Institute released the latest report showing that inflation rose to 68.5% annually in March, up from 67.1% in February. According to the data, Turkey's CPI rose by 3.16% month-on-month in March, with education, communications, and hotels, restaurants and cafes rising at the highest rates, at 13%, 5.6%, and 3.9%, respectively.

The latest foreign trade information | The global manufacturing industry is picking up, and Turkey's inflation is soaring;

| 腾道点评:通过加息应对暴涨的通胀。

4. The UAE has increased financial support for small and medium-sized enterprises

Recently, the UAE Ministry of Economy announced the establishment of the "Intangible Assets Finance Committee", which aims to provide financing support to SMEs and start-ups, as well as provide manpower and skills training for their development. According to incomplete statistics, there are about 1.5 million small and medium-sized enterprises in Saudi Arabia, Kuwait, the United Arab Emirates, Qatar and other Gulf countries, accounting for more than 90% of the total number of enterprises in the region and providing about 60% of the jobs in the region.

The latest foreign trade information | The global manufacturing industry is picking up, and Turkey's inflation is soaring;

| 腾道点评:阿联酋还是豪横啊

5. Amazon plans to invest 100 billion dollars in 15 years to build data centers

Recently, Amazon AWS announced plans to invest $148 billion in the next 15 years to build data centers around the world to meet the demand for cloud services in areas such as artificial intelligence. In addition to expanding its existing data center facilities in Virginia and Oregon, Amazon AWS plans to expand into other U.S. states and overseas countries such as Saudi Arabia and Malaysia.

The latest foreign trade information | The global manufacturing industry is picking up, and Turkey's inflation is soaring;

| 腾道点评:AI是未来大趋势。

6. The cargo and container throughput of ports across the country have both increased

Recently, according to the statistics of the Ministry of Transport, from January to February 2024, the cargo throughput of ports across the country was 261,500 tons, a year-on-year increase of 8.1%, and the container throughput of ports across the country was 49.51 million TEUs, a year-on-year increase of 12.1%. In addition, according to customs statistics, in the first two months of 2024, the total import and export value of mainland trade in goods (the same below) was 6.61 trillion yuan, an increase of 8.7% year-on-year.

The latest foreign trade information | The global manufacturing industry is picking up, and Turkey's inflation is soaring;

| 腾道点评:进出口到新高度了。

For more foreign trade information, please pay attention to the official public account of Tengdao: [Tengdao Tendata]

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