China Ends Underwhelming Year With Fresh Signs of Weakness

[ad_1] Dec. 30, 2023 10:18 pm ET China’s economy showed fresh signs of weakness as the year drew to a close, piling pressure on Beijing to take bold new steps…

China’s Economy Is Stuck in a Vicious Cycle

[ad_1] China probably can’t fix its broken housing market without fixing the labor market and consumer confidence. But more exuberant consumers and a stronger labor market depend on a healthier…

China Caixin Services PMI Rose for October

[ad_1] Updated Nov. 2, 2023 10:31 pm ET A private gauge of China’s services activities edged up in October, remaining in expansionary territory for 10 months in a row as…

UK Inflation Held Steady in September as Services Prices Accelerated

[ad_1] Updated Oct. 18, 2023 2:55 am ET U.K. prices grew at the same rate in September as the previous month, ending recent months’ decline in inflation as services prices…

China Caixin Services PMI Fell in August

[ad_1] A private gauge of China’s services activities fell to the lowest level in eight months, signaling that growth momentum in the sector may have lost steam. [ad_2] Source link

Eurozone Business Activity Contracts Further in August, PMIs Suggest — Update

[ad_1] The Flash Eurozone Composite PMI fell to a 33-month low of 47 in August, below expectations, as the bloc’s economic downturn extended from manufacturing to the services sector. [ad_2]…

China Caixin Services PMI Strengthened in July

[ad_1] A private gauge of China’s services activity edged up in July, pointing to continued recovery in the nation’s services sector. [ad_2] Source link

Australian Services PMI Contracted in July

[ad_1] Activity in Australia’s services sector contracted in July, the lowest since December. [ad_2] Source link

UK Economy Rebounded in April on Service-Sector Boost

[ad_1] U.K. GDP grew 0.2% in April, in line with expectations, boosted by the services sector, though resilient high inflation and possible interest-rate rises could put a lid on an…

China’s Consumers Lead Recovery in April

[ad_1] Retail spending has come back strong, but surveys also showed a surprise contraction in factory activity in April. [ad_2] Source link