China's private sector activity grew at the slowest pace in four months at the start of the year, reflecting slowdown in manufacturing and services sectors, survey results from IHS Markit showed on Wednesday. The Caixin composite output index fell to 51.9 in January from 52.6 in December. However, a score above 50 indicates expansion. Both manufacturing and services reported slower growth in Janua...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.