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According to IHS Markit, the composite index of the eurozone business activity in November was 52.7 points, down from October's value of 53.1 points. Growth rates in November were minimal since September 2016. The business activity index in the services sector fell in November to a minimum of more than 2 years, its value of 53.4 points was below 53.7 points in October. The IHS Markit report indicates that the fall in the composite index is due to the dynamics of new orders, the growth of which slowed down in November to a minimum of 27 months. Last month, there was also a minimal growth in employment since the beginning of 2017. Negative influence on sentiment was caused by political and trade uncertainty. Expectations about the future activity of companies remained at a minimum for almost 4 years.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
Australia had seen its employment rate dropping 1.1% between mid-June and mid-July, weekly data showed on Tuesday. In addition to this, the southeastern state of Victoria recorded the sharpest plunge in employment as the state suffers from ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
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