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Economy And The Numbers

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Payroll processor ADP released a report on Wednesday showing private sector employment increased by much less than expected in the month of July.

South Africa's private sector contracted for the first time in ten months in July, survey data from IHS Markit showed on Wednesday. The headline Purchasing Managers' Index fell to 46.1 in July from 51.0 in June. Any reading below 50 indicates contraction in the sector. New orders dropped for the...

Sweden's services sector activity expanded at the fastest pace in July, survey data from Swedbank and the logistics association SILF showed on Wednesday. The Purchasing Managers' Index for the services sector rose to 69.1 in July from a revised 67.9 in June. Any reading above 50 indicates expansion...

Russia's service sector grew at a softer pace in July, data from IHS Markit showed on Wednesday. The services Purchasing Managers' Index fell to 53.5 in July from 56.5 in June. Any reading above 50 indicates expansion in the sector. New business increased further in July and the rate of new order...

Thailand's central bank left its key interest rate unchanged at a record low for the tenth straight meeting, on Wednesday. The Monetary Policy Committee of Bank of Thailand voted 4-2 to retain the interest rate at 0.50 percent. Two members sought a quarter-point reduction in rates. The bank had...

Slovakia's retail sales increased at a softer pace in June, figures from the Statistical Office of the Slovak Republic showed on Wednesday. Retail sales increased 6.6 percent year-on-year in June, after a 11.5 percent rise in May. Sales of automotive fuels increased 17.1 percent yearly in June....

ukpmi aug03 04aug21 UK service sector activity grew at the slowest pace since the end of the winter lockdown as staff shortages and supply issues weighed on business capacity, final survey results from IHS Markit showed on Wednesday. The Chartered Institute of Procurement & Supply services Purchasing Managers' Index declined to 59.6 in July from 62.4 in June. The index was the lowest since March.

Italy's retail sales rose in June after falling in the previous month, data from the statistical office Istat showed on Wednesday. The retail sales value increased 0.7 percent month-on-month in June, after a 0.1 percent fall in May. In April, sales rose 0.1 percent. On a yearly basis, retail sales...

eurozonepmi 022117 04aug21 The euro area private sector grew the most in more than 15 years in July, underpinned by steep manufacturing output growth and an accelerated expansion of services activity, final data from IHS Markit showed on Wednesday. The composite output index rose to 60.2 in July from 59.5 in the previous month. But the reading was below the flash score of 60.6.

Romania retail sales grew at a softer pace in June, figures from the National Institute of Statistics showed on Wednesday. Retail sales rose by a working-day adjusted 13.6 percent year-on-year in June, after a 20.7 percent increase in May. sales of automotive fuels in specialized stores gained...

Eurozone retail sales grew at a slower pace in June largely due to the fall in food sales, data from Eurostat showed on Wednesday. Retail sales grew 1.5 percent on a monthly basis, slower than the 4.1 percent increase in May and economists' forecast of 1.7 percent. Food, drinks and tobacco sales...

Hungary's retail sales remained stable in June, figures from the Hungarian Central Statistical Office showed on Wednesday. Retail sales rose a calendar-adjusted 5.8 percent year-on-year in June, same as seen in May. Sales of food products rose 7.2 percent annually in June. Sales of non-food products...

Austria's trade deficit widened in May, as imports rose faster than exports, data from Statistics Austria showed on Wednesday. The trade deficit increased to EUR 872.186 million in May from EUR 460.581 million in the same month last year. Exports grew 31.5 percent yearly in May and imports increased...

India's service sector contracted at a softer pace in July, survey data from IHS Markit showed on Wednesday. The services Purchasing Managers' Index rose to 45.4 in July from 41.2 in June. Economists had forecast the index to rise to 49.0. A reading below 50.0 indicates contraction in the sector....

chinapmi jun05 04aug21 China's service sector activity logged a steeper growth in July as the successful containment of the recent uptick in COVID-19 cases led to greater customer numbers and boosted new order intakes, survey results from IHS Markit showed on Wednesday. At 54.9 in July, the Caixin Purchasing Managers' Index rebounded from June's 14-month low of 50.3 and signaled a sharp and accelerated expansion.

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