UK private sector hits 1-year high in output growth
UK private sector output grew at its fastest pace in a year in August, driven by a rise in new orders, according to…
Browsing Tag
service sector
S. Korea’s industrial production declines in May ’25
South Korea’s industrial production declined by 1.1 per cent in May 2025 from the previous month, driven by…
French services contract for 9th month in May ’25
France’s service sector contracted for the ninth consecutive month in May, though at the slowest pace so far this…
Germany’s service sector contracts sharply in May ’25
Germany’s service sector contracted for the second consecutive month in May, shrinking at the fastest pace in two…
German firms see better outlook as sentiment improves – Ifo
German business sentiment improved in March, with the Ifo Business Climate Index rising to 86.7 from 85.3 in…
German business morale stagnates in Feb. ’25
German business morale remained subdued in February as the ifo Business Climate Index held steady at 85.2,…
Germany’s economy shrinks in ’24
Germany’s economy contracted in 2024 compared to the previous year with the gross domestic product (GDP) dropping…
S&P Global: Eurozone private sector contracts in Nov. ’24
The eurozone economy contracted in November, marking a sharp downturn after a brief stabilisation in October,…
S&P Global: Russian private sector sees fastest growth since March
Russia's private sector posted its fastest expansion since March, with the S&P Global Russia Composite PMI…
German business confidence down in Nov. ’24
German business sentiment worsened in November, with the ifo Business Climate Index falling to 85.7 points, down…
Eurozone business activity faces 2nd downturn in 3 months
Eurozone business activity contracted again in November, as weak demand and declining new orders pushed the…
Russian service sector growth slows in September ’24
Business activity in Russia's service sector continued to expand in September, but at a slower pace due to weaker…
German business sentiment declines sharply in August
German business sentiment further declined in August, with the ifo Business Climate Index decreasing to 86.6 points…
Germany’s private sector contracts again in August
Germany's private sector continued to contract in August, with business activity declining for the second…
Germany’s services sector maintains expansion in June – PMI
Germany's services sector maintained a solid pace of expansion in June, marking its fourth consecutive month above…
Irish service sector growth slows in June – PMI
Growth in Ireland's service sector slowed slightly in June, causing a near standstill in job creation, according to…
EGP 30 million to boost Egyptian micro projects
The Egyptian Micro, Small, and Medium Enterprises Development Agency (MSMEDA) signed on Monday a contract worth EGP…
UK economy likely to bounce back from recession – PMI
Despite a minor slowdown in service activity last month, the UK's economy is on the verge of emerging from…
Germany’s economic slump eases – PMI
Germany’s economic slump showed signs of easing in March, with the service sector nearing stability, a monthly…