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Growth of activity in the UK construction sector in January fell to its lowest level since March 2018. The lack of agreement on Brexit led to a drop in the business activity index. The figure fell from 52.8 in December to 50.6 in January. Analysts had predicted a value of 52.4 points. Activity in the commercial real estate sector declined for the first time since March, when projects suffered from low temperatures. The level of employment in construction has grown at the slowest pace since July 2016, when the Brexit referendum was held. The study of the manufacturing sector showed a similar result. Development in manufacturing has slowed amid uncertainty over Brexit. British Prime Minister, Theresa May, plans to resume discussions on the conditions for a country's exit from the EU.
Japan’s factory activity for June contracted for its 14th straight month amid sharp reductions in supply and demand, according to data from a business survey released on Wednesday. Japan is one of many export-reliant nations that have ...
China’s factory activity grew stronger in June backed by optimism for a quick economic recovery globally. However, struggling export orders indicated that the virus-driven disruptions will continue to cap economic growth longer than ...
June had seen Japan’s manufacturing activity struggling at an 11-year low. This indicated that the novel coronavirus pandemic has greatly affected manufacturers even as services-sector confidence advanced. The au Jibun Bank Flash ...
Great Britain’s automobile industry called on the government to provide additional measures such as sales tax reduction. This aims to lift the suffering sector as a third of automotive employees remain furloughed due to the novel coronavirus ...
Australia is set to launch its fourth economic stimulus package aimed at providing eligible residents the opportunity to renovate their homes. The scheme was announced by Prime Minister Scott Morrison on Thursday as the country attempts ...
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