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Research company IHS Markit reported a decrease in the index of business activity in the UK services sector in June to 50.2 points from the May value of 51 points. Over the past three months, the June value of the index was the lowest. Economists had not expected changes in its May level. In IHS Markit pointed out that the index slightly exceeded the critical level of 50 points, which indicates that business activity is approaching stagnation. The results of the study showed that demand from customers declined last month, while jobs continued to decline. The growth in the number of staff of British service providers was the fastest since August 2017. The indicator, which determines the state of production, decreased in all sectors from 50.7 points to 49.2 points.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
June had seen Singapore’s non-oil domestic products advancing 16.1% from a year earlier. The reading managed to place above estimates backed by strong activity in shipments of pharmaceuticals, specialized machinery, and electronics, ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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