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Business activity picked up in Japan’s manufacturing sector in May, providing hope that the economy may have retained moderate growth momentum in the second quarter. However, export growth has...
The eurozone’s recovery lost some of its vigour in May, with growth slowing slightly for a second successive month, according to the latest flash PMI survey data. However, the survey also showed...
China’s manufacturing economy contracted for a third successive month in May, with factory output falling at the steepest rate for just over a year. At 49.1, the HSBC China Manufacturing PMI,...
Deflation has hit the UK, but looks unlikely to stay for long. Consumer prices were 0.1% lower than a year ago in April. The government’s number crunchers reckon this is the lowest since 1960....
Business survey data show the global economic upturn being powered by rising spending by consumers on food and drink, as well as a range of services, while industry generally lags behind. The data...
UK industrial expansion in March fails to change picture of underlying weakness UK industrial production showed some encouraging signs of growth in March, which will be widely seen as...
Employment growth picked up in the US during April, raising the prospect of the Fed hiking interest rates later this year. Non-farm payrolls increased by 223,000 in April, in line with expectations...
Global sector PMI™ data from Markit showed consumer-facing services bucking a general trend of slower growth in April. Among the 21 sectors to record growth, 15 indicated weaker rates of...
Latest evidence from Markit’s recruitment industry survey showed further strong growth of hiring activity at the start of the second quarter. The KPMG/REC Report on Jobs, published today,...
In a busy week for data watchers, first quarter GDP numbers are released for the eurozone while the Bank of England announces its latest interest rate decision and publishes the second...
The challenge facing the new government of boosting UK trade and rebalancing the economy is highlighted by a timely reminder of a further widening of the goods deficit in the first quarter. The...
Global economic growth remained robust in April, slowing only modestly from March’s six-month high. However, growth is heavily skewed towards the services economies of the developed world....
At 53.9, the final Markit Eurozone PMI for April came in slightly stronger than the preliminary flash reading of 53.5, suggesting that the eurozone economy more or less maintained the same growth...
UK building activity showed the smallest rise for almost two years in April. The Markit/CIPS Construction PMI fell from 57.8 in March to a 22-month low of 54.2. Although remaining above the neutral...
Hopes of the UK economy rebalancing towards manufacturing and exports were dealt another blow as the goods-producing sector reported its weakest growth for seven months in April, and the...
PMI survey data showed the Dutch manufacturing economy growing at the fastest rate for three months in April, adding to evidence that the economy is building on last year’s modest expansion. The...
A stalling of US economic growth at the start of the year rules out any imminent hiking of interest rates by the Fed. The slowdown looks temporary, as a rebound from the first quarter weakness is...