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ukservicespmi aug05 05jul22 UK service providers reported a faster growth in activity in June despite cost of living concerns and a weak economic outlook, final data from S&P Global showed on Tuesday. The headline S&P Global/Chartered Institute of Procurement & Supply final services Purchasing Managers' Index registered 54.3 in June, up slightly from 53.4 in May. The flash score was 53.4.

Sweden's service sector activity expanded at the slowest pace in nearly one-and-a-half years in June, though it remained strong overall, survey data from Swedbank and the logistics association Silf showed on Tuesday. The purchasing managers' index for the services sector fell to 62.8 in June from...

eurozone 112819 05jul22 The eurozone private sector expanded at a slower pace in June as the manufacturing production logged its first fall in two years on one side and the weaker growth in services activity on the other, final survey results from S&P Global showed on Tuesday. The final composite output index fell to 52.0 in June from 54.8 in the previous month. The reading was slightly above the initial estimate of 5

France's industrial production remained unchanged in May, after falling in the previous three months, data published by the statistical office Insee showed on Tuesday. Industrial production showed no variations in May, after a revised 0.3 percent fall in April. Meanwhile, economists had forecast a...

The Philippines' inflation increased for the fourth month in a row to the highest level since October 2018, data from the Philippine Statistics Authority showed on Tuesday. The consumer price index grew 6.1 percent annually in June, following a 5.4 percent rise in May. Economists had expected a 5.9...

Ireland's service sector increased at a softer pace in June, as activity and new business growth eased and business expectations dropped due to inflation concerns and the war in Ukraine, survey data from S&P Global showed on Tuesday. The AIB Ireland services Purchasing Managers' Index fell to 55.6...

australiacentralbank july02 05jul22 Australia's central bank hiked its key interest rate by another half percentage points, as widely expected, as policymakers viewed that the withdrawal of the extraordinary support is now needed to contain inflation amid strong labor market conditions. The policy board of the Reserve Bank of Australia, headed by Governor Philip Lowe, decided to lift the cash rate target to 1.35 percent.

Singapore's retail sales rose at a faster pace in May, largely driven by strong sales growth in industries such as wearing apparel and footwear, watches and jewelry, and department stores, data from the Department of Statistics showed on Tuesday. Retail sales climbed 17.8 percent year-on-year in June,...

Russia's service sector activity expanded for the first time in four months in June, led by a renewed rise in new orders amid strong client demand, survey data from S&P Global showed on Tuesday. The seasonally adjusted services Purchasing Managers' Index, or PMI, rose to 51.7 in June from 48.5 in...

India's service sector growth accelerated unexpectedly in June to remain at its highest level in more than eleven years, as output and new orders grew at an accelerated rate amid improving demand conditions, survey results from S& P Global showed on Tuesday. The services Purchasing Managers' Index...

South Korea's consumer price inflation increased in June at the fastest pace since 1998, adding pressure on the central bank to tighten its policy further, official data showed on Tuesday. The consumer price index gained 6.0 percent year-on-year in June, following a 5.4 percent increase in May, Statistics...

preview aug27 05jul22 Final Purchasing Managers' survey results from the Euro area and the UK are due on Tuesday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office Insee releases industrial production data for May. Economists forecast output to grow 0.2 percent on month, in contrast to the 0.1 percent fall in April.

Japan's service sector expanded at the sharpest pace in more than eight years in June amid the lifting of remaining domestic COVID-19 restrictions, survey results from S&P Global showed on Tuesday. The au Jibun Bank services Purchasing Managers' Index advanced to 54.0 in June from 52.6 in May. The...

Australia's central bank hiked its key interest rate by half percentage points, as widely expected, on Tuesday, citing the resilience of the economy and higher inflation. The policy board of the Reserve Bank of Australia, headed by Governor Philip Lowe, decided to lift the cash rate target by 50...

chinapmi jun05 05jul22 China's service sector logged a sharp rebound in June as the easing of pandemic related restrictions boosted demand, survey results from S&P Global showed on Tuesday. The Caixin services Purchasing Managers' Index rose to 54.5 in June from 41.4 in May. The reading was forecast to advance moderately to 49.7.

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