China’s services sector expanded at its fastest pace in three months in January, with the S&P Global Services PMI rising to 52.3, driven by strong new orders and employment, while the composite PMI also improved and the yuan edged lower after the data release.
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China’s January S&P Global Services PMI Rises to 52.3—Fastest Expansion in Three Months
China’s services sector expanded at its fastest pace in three months in January, with the S&P Global Services PMI rising to 52.3, driven by strong new orders and employment, while the composite PMI also improved and the yuan edged lower after the data release.
The US S&P Global Services PMI fell to 52.5 in December, marking an eight-month low and missing market expectations, as both new business growth and demand weakened while inflationary pressures intensified.
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US December S&P Services PMI Falls to 52.5—Lowest in Eight Months
The US S&P Global Services PMI fell to 52.5 in December, marking an eight-month low and missing market expectations, as both new business growth and demand weakened while inflationary pressures intensified.
Eurozone December Composite PMI Final at 51.5—Germany 51.3, France 50.0
The eurozone’s December Composite PMI fell to 51.5, signaling continued expansion but at a slower pace, with Germany and France also showing mixed sectoral trends.
China’s services sector PMI remained in expansion at 52.0 in December, slightly below November’s 52.1, as business activity and hiring slowed, while the yuan strengthened after the data release.
#YonhapInfomax #China #SPGlobal #ServicesPMI #CompositePMI #YuanExchangeRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=98365The eurozone’s November composite PMI remained in expansion at 52.4, with services hitting an 18-month high, while manufacturing weakened; Germany and France showed mixed sector trends.
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Eurozone November Composite PMI Preliminary at 52.4—Germany 52.1, France 49.9
The eurozone’s November composite PMI remained in expansion at 52.4, with services hitting an 18-month high, while manufacturing weakened; Germany and France showed mixed sector trends.
Japan’s November Services PMI remained at 53.1, signaling continued expansion, while manufacturing activity contracted for a fifth month but at a slower pace; composite PMI rose to 52.0 as services strength offset factory weakness, with inflationary pressures persisting across sectors.
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Japan’s November Services PMI Holds Steady at 53.1, Matching Previous Month
Japan’s November Services PMI remained at 53.1, signaling continued expansion, while manufacturing activity contracted for a fifth month but at a slower pace; composite PMI rose to 52.0 as services strength offset factory weakness, with inflationary pressures persisting across sectors.
Eurozone Composite PMI Preliminary for October Hits 52.2—Highest in 17 Months (Update)
Eurozone’s composite PMI surged to 52.2 in October, marking a 17-month high and signaling continued economic expansion, with Germany leading growth and France lagging behind.
Eurozone Composite PMI Flash Rises to 52.2 in October—Highest in 17 Months
Eurozone's composite PMI flash estimate for October climbs to 52.2, marking the highest level in 17 months and signaling renewed economic momentum.
Japan’s October PMI data showed services sector growth slowing to 52.4, manufacturing remaining in contraction at 48.3, and composite PMI easing to 50.9, signaling a loss of momentum in the private sector.
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Japan’s October Services PMI Preliminary at 52.4—Weaker Than Previous Month (Update)
Japan’s October PMI data showed services sector growth slowing to 52.4, manufacturing remaining in contraction at 48.3, and composite PMI easing to 50.9, signaling a loss of momentum in the private sector.
Eurozone business activity expanded in September, with the composite PMI hitting a 16-month high at 51.2, while Germany and the UK showed diverging trends in services sector growth.
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Eurozone Composite PMI Final at 51.2—Highest in 16 Months
Eurozone business activity expanded in September, with the composite PMI hitting a 16-month high at 51.2, while Germany and the UK showed diverging trends in services sector growth.
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