PMI

India’s services growth moderates in February as cost pressures mount, PMI shows

The country’s new-business expansion is at the slowest pace since January 2025 due to intensifying competition among service providers

The S&P Global final Japan Services Purchasing Managers’ Index (PMI) edged up to 53.8 in February from 53.7 in January, marking the 11th consecutive month of expansion.

Japan’s services activity hits nearly two-year high: PMI

The broader picture for Japan’s economy was also positive

The electronics sector continued to perform in February, with growth supported by faster expansions in new orders, new exports, factory output and employment.

Singapore PMI edges up to 50.6 in February, but Gulf conflict fuels oil uncertainty

The Purchasing Managers’ Index for the electronics sector grows by 0.2 point to 51.3

The combination of solid growth and rising costs will keep the Reserve Bank of India cautious as retail inflation rose 2.75 per cent in February.

Strong manufacturing growth further boosts India’s private sector in February: survey

The PMI rises to 59.3 due to robust total new orders that climb at the quickest pace since November

January's PMI reading marked the sixth straight month of expansion.

Singapore manufacturing PMI at a 10-month high in January, driven by AI boom

The overall purchasing managers’ index is up 0.2 point at 50.5, marking the sixth straight month of expansion

The HCOB Flash Eurozone Composite PMI compiled by S&P Global held at 51.5 in January, but fell short of a Reuters poll forecast for 51.8.

Eurozone business activity expands more slowly than expected in January: survey

Sentiment for the bloc is improving after US President Trump’s decision to back down on additional tariffs

Even as India remains one of the fastest-growing major economies in the world, steep US tariffs and protracted trade negotiations with Washington threaten its economic prospects.

India’s economic activity picks up pace in January, flash survey shows

The manufacturing PMI rises to 56.8 from 55 in December, while the services PMI climbs to 59.3 from 58

French Prime Minister Sebastien Lecornu has used a special constitutional power to force part of his 2026 Budget Bill through the deeply divided lower house of parliament without a vote.

French business activity unexpectedly contracts in January: PMI

This reflects continued uncertainty on the trade policy front despite prior trade agreements

The residential building activity subindex dropped to 33.5, the weakest reading since May 2020, when the pandemic halted construction work.

UK builders suffer longest downturn since global financial crisis

Many firms cite subdued demand and fragile client confidence, with delayed spending decisions resulting in weak sales

Headline inflation rose slightly recently but remained around the European Central Bank’s 2% target.

Eurozone business activity ends 2025 weaker than expected, PMI shows

The weaker performance is primarily attributable to the German industry, says Hamburg Commercial Bank’s chief economist