services sector News

China's May Day Holiday Spending Rises to $79 Per Person Amid Economic Challenges

During China's May Day holiday, per capita spending rose slightly to $79, amid a 28.7% increase in border crossings. Despite growth in domestic tourism and digital payments, cinema...

Eurozone's Economic Momentum Slows in April: Services Sector Stagnates Amid Manufacturing Uptick

The Eurozone's economic growth slowed in April, with the services sector nearly stagnating despite a slight uptick in manufacturing output, as per S&P Global and HCOB's latest ...

Eurozone's Economic Momentum Dips in April as Services Sector Stagnates

The Eurozone's private sector growth slowed in April, with the services sector nearly stagnating. Despite a slight uptick in manufacturing, the overall economic momentum dipped, ac...

Eurozone's April Business Activity Shows Signs of Slowing Down: A Closer Look

The Eurozone's private sector activity growth slowed in April, with the composite PMI falling to 50.4 and services PMI dropping to 50.1. Experts attribute this to a near stagnation...

Eurozone's Business Activity Faces a Slowdown in April: A Closer Look at the PMI Trends

The Eurozone's private sector activity growth slowed in April, with the composite PMI falling to 50.4 and services PMI to 50.1, indicating near stagnation, despite a slight uptick ...

Eurozone's Economic Momentum Cools in April: Services Sector Stagnates Amid Manufacturing Surprise

The Eurozone's economic growth slowed in April, with the services sector almost stagnating despite a surprise uptick in manufacturing output, according to a recent report by S&...

German Services Sector Contracts in April: A 14-Month Low Signals Economic Uncertainty

The German services sector contracted in April, with the PMI Business Activity Index falling to a 14-month low of 49.0. Despite a slight increase in the Composite PMI Output Index ...

Eurozone's Economic Momentum Cools in April as Services Sector Nears Standstill

The Eurozone's private sector growth slowed in April, with the services sector nearly stagnating. Despite a surprising uptick in manufacturing, the overall economic momentum cooled...

Eurozone's Economic Momentum Wanes in April as Services Sector Stagnates

The Eurozone's private sector growth slowed in April, with the services sector nearly stagnating. Despite a slight uptick in manufacturing, the overall economic momentum waned, as ...

Eurozone's Economic Momentum Cools in April: Services Sector Stagnates Amid Manufacturing Uptick

The Eurozone's private sector activity growth slowed in April, with the composite PMI dropping to 50.4 and services PMI to 50.1. Despite a surprising uptick in manufacturing, the o...

Eurozone's Economic Momentum Cools in April: Services Stagnate as Manufacturing Offers a Glimmer of Hope

Eurozone's private sector growth slowed in April, with services nearly stagnating and manufacturing showing a slight uptick, according to S&P Global and HCOB. The composite PMI...

Eurozone's Economic Momentum Wanes in April as Services Sector Nears Stagnation

The Eurozone's economic growth slowed in April, with the services sector almost stagnating, despite a surprising uptick in manufacturing output, as per the latest PMI data.

Eurozone's Economic Momentum Fades: April PMI Data Reveals Slowing Growth Across Sectors

April's PMI data indicates a slowdown in Eurozone's economic growth, with services sector stagnating and manufacturing unable to offset the decline, according to S&P Global and...

Eurozone's Private Sector Growth Decelerates in April: A Closer Look at PMI Trends

The Eurozone's private sector growth slowed in April, with PMI indices showing declines. Experts note a near stagnation in the services sector and an insufficient manufacturing upt...

Eurozone's Economic Momentum Slows in April: Services Sector Stagnates Amid Manufacturing Uptick

Eurozone's private sector growth slowed in April, with services PMI nearing stagnation. Despite a surprise uptick in manufacturing, overall economic momentum weakened, as per S&...

April Sees a Significant Drop in US Composite PMI, Signaling Economic Slowdown

The US Composite PMI fell to 50.6 in April, below expectations and the lowest since September 2023, with the services sector also showing significant weakness, signaling potential ...

US Composite PMI Dips to a Seven-Month Low in April, Signaling Economic Slowdown

The US PMI Composite Output Index fell to 50.6 in April, the lowest since September 2023, indicating a slowdown in economic activity. The services sector also saw a significant dec...

US Economic Slowdown: April's PMI Composite Drops to Lowest Since September 2023

The US PMI Composite Output Index fell to 50.6 in April, the lowest since September 2023, with the Services PMI also declining. S&P Global's report highlights growing concerns in t...

April's Unexpected Drop in US Composite PMI Signals Economic Slowdown Concerns

The US Composite PMI fell unexpectedly in April to its lowest since September 2023, with the services sector also showing significant slowdown, raising concerns about economic heal...

April Sees a Sharp Decline in US Composite PMI, Signaling Economic Slowdown Concerns

The US Composite PMI fell to 50.6 in April, the lowest since September 2023, with the services sector also showing significant slowdown, raising concerns over economic health and b...

Eurozone Inflation Holds Steady at 2.2% in April: Services Lead the Charge

Eurozone's inflation rate remained steady at 2.2% in April, with services leading the increase. The core CPI rose by 2.7% year-on-year, with Estonia and France recording the highes...

April Sees a Significant Slowdown in US Private Sector Activity, Hitting a 16-Month Low

The US private sector activity slowed significantly in April, with the PMI Composite Output Index hitting a 16-month low. The services sector saw a decline, while manufacturing sho...

Eurozone's Business Activity Takes a Hit in April: A Closer Look at the Declining PMI Indexes

The Eurozone's business activity saw a decline in April, with the Composite PMI Output Index hitting a 4-month low. The services sector weakened significantly, while manufacturing ...

Japan's Services Sector Shows Promising Growth in April, Marking a Significant Upturn

Japan's services sector experienced a significant upturn in April, with the au Jibun Bank Flash Services Business Activity Index rising to 52.2. The overall private sector also saw...

UK Economy Shows Resilience with a 0.5% GDP Growth in February Amidst Global Uncertainties

The UK's GDP grew by 0.5% in February, with production output up by 1.5%, construction by 0.4%, and services by 0.3%. Over the three months to February, GDP increased by 0.6%, show...

UK Economy Shows Resilience with 0.5% GDP Growth in February Amidst Global Uncertainties

The UK's GDP grew by 0.5% in February, with production output leading at 1.5% increase. Quarterly data shows a 0.6% rise in real GDP, highlighting economic resilience.

UK Economy Shows Resilience: GDP Climbs 0.5% in February Amidst Growth Across Sectors

The UK's GDP grew by 0.5% in February, with production, construction, and services sectors all contributing to the growth. Over the December to February period, the economy expande...

UK Economy Shows Resilience with 0.5% GDP Growth in February Amid Global Uncertainties

The UK's GDP grew by 0.5% in February, with production output surging 1.5%. Over three months, GDP increased by 0.6%, showcasing resilience in production and services sectors.

EU Threatens to Escalate Trade War with US, Targeting Services and Tech Sector

European Commission President Ursula von der Leyen warns of the EU's readiness to expand the trade war with the US into services and technology sectors, highlighting potential reta...

UK Economic Activity Accelerates in March: A Closer Look at PMI Growth

The UK's PMI Composite Output Index rose to 51.5 in March, indicating growth in both services and manufacturing sectors. The Services PMI also increased, with technology and financ...

UK Economy Shows Resilience: Composite PMI Rises to 51.5 in March, Signaling Growth

The UK's PMI Composite Output Index rose to 51.5 in March, indicating economic growth, with the services sector showing significant improvement. Experts highlight technology and fi...

Germany's Economic Momentum Wanes: Services Sector Slowdown Hits Four-Month Low in March

Germany's services sector slowed in March, with the Services PMI Business Activity Index hitting a four-month low at 50.9, while the Composite PMI Output Index rose to a 10-month h...