Services

In the three months to May, economic output grew by 0.7%

June’s services purchasing managers’ index is 54.1, up from the median estimate of 53 by economists

Firms remain concerned about the economic outlook and inflationary pressures caused by the Iran war

[LONDON] Euro zone services activity contracted in April for the first time in almost a year, hit by weakening demand and deteriorating export business as the Middle East war weighed on consumer-facin...

The country is rapidly moving up the global ranks as an exporter of knowledge-intensive products

[BEIJING] China’s President Xi Jinping has called for a demand-driven approach coupled with reform and technological empowerment to develop the service industry, the official Xinhua news agency report...

It’s an early sign that the prolonged war with Iran was boosting inflation pressures

[BEIJING] China’s services activity expanded at a weaker pace in March, a private survey showed, pointing to sluggish consumer demand after a lift from a long national holiday the previous month.

The broader picture for Japan’s economy was also positive