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Brazil's service sector shrunk at the fastest pace in the survey's 13-year history in March as businesses were shut and demand shrunk due to the coronavirus, or Covid-19, outbreak, survey data from IHS Markit showed on Friday. The headline seasonally adjusted IHS Markit Brazil Services Business Activity...

nonfarmpayroll 040320 Employment in the U.S. fell much more than expected in the month of March, according to a report released by the Labor Department on Friday. The report said employment plunged by 701,000 jobs in March after jumping by an upwardly revised 275,000 jobs in February.

Employment in the U.S. fell much more than expected in the month of March, according to a report released by the Labor Department on Friday.

S&P Global Ratings affirmed sovereign ratings of Japan as the fallout from economic shocks are expected to be temporary. The rating agency said the coronavirus or covid-19 outbreak has set back Japan's fiscal stabilization process but it is expected to get back on track in the next one to two years...

centarlbkchina june25 03apr20 China's central bank decided to reduce the reserve requirement for small and medium-sized banks by 100 basis points to improve liquidity and shore up the economy hit by the outbreak of coronavirus. The People's Bank of China, said on Friday, that it will cut the reserve requirement ratio by 50 basis points each on April 15 and May 15.

Sweden's services sector contracted at the fastest rate in 15 years to hit its lowest level since 2012, survey data from Swedbank and the logistics association SILF showed on Wednesday. The Purchasing Managers' Index for the services sector decreased to 46.9 in March from 56.4 in February.Any reading...

ukservice aug03 03apr20 The UK service sector registered its steepest downturn in more than two decades in March due to business shutdowns and order cancellation in response to the coronavirus, or covid-19, pandemic. The services Purchasing Managers' Index fell to 34.5 in March from 53.2 in February, survey data from IHS Markit and Chartered Institute of Procurement & Supply showed Friday.

Latvia's industrial production rose for the first time in five months in February, data from the Central Statistical Bureau showed on Friday. Industrial production rose 3.0 percent month-on-month in February, after a 2.0 percent drop in January. On a yearly basis, industrial production increased...

Russia's service sector deteriorated at the fastest pace in eleven years in March, as employment, new business and foreign client demand decreased amid COVID-19 outbreak, survey data from IHS Markit showed on Friday. The services Purchasing Managers' Index fell to 37.1 in March from 52.0 in February....

Eurozone retail sales grew at a faster pace in February before the coronavirus containment measures began in member countries, data from Eurostat showed Friday. The retail trade volume grew 0.9 percent on a monthly basis, faster than the 0.7 percent increase seen in January. Economists had forecast...

Spain's industrial production fell at a softer pace in February, data from the statistical office INE showed on Friday. Industrial production declined a calendar adjusted 1.3 percent annually in February, following a 2.2 percent fall in January. Energy output had the biggest decline of 4.1 percent...

Slovakia's retail sales rose for the first time in ten months in February, figures from the Statistical Office of the Slovak Republic showed on Friday. Retail sales rose 3.9 percent year-on-year in February, after a 1.0 percent decrease in January. Sales of ICT in specialized stores goods increased...

eurozonepmi 042117 03apr20 The euro area private sector logged its biggest monthly fall on record in March as the coronavirus disease, or covid-19, pandemic impacted heavily on economic activity, final data from IHS Markit showed Friday. The final composite output index fell sharply to 29.7 in March from 51.6 in February. This was also weaker than the flash estimate of 31.4.

Hungary's retail sales grew at the fastest pace in February, figures from the Hungarian Central Statistical Office showed on Friday. Retail sales grew a calendar-adjusted 11.3 percent year-on-year in February, following a 7.6 percent increase in January. Sales of non-food products grew 10.7 percent...

Australia's automobile sales declined in March amid COVID-19 outbreak, data published by the Federal Chamber of Automotive Industries, or FCAI, showed on Friday. Auto sales declined 17.9 percent year-on-year in March mainly due to the effects of coronavirus outbreak on the economy. The lobby said...

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