News And Announcements
US private sector adds more jobs than expected in January
Private sector employment in the US rose more than expected in January, according to data released on Wednesday by ADP.
Service sector stumbles as demand falters, price pressures mount
The UK’s services sector faltered in January, a closely-watched survey showed on Wednesday, as costs mounted and nervous clients tightened belts.
Caixin PMI shows China's service sector growing more slowly
China’s services sector expanded at a slower pace in January as growth in new business softened and employment contracted, according to the latest Caixin/S&P Global survey.
UK new car sales slump despite growing EV demand
New car sales in the UK declined in January for the fourth straight month, according to figures out on Wednesday from the Society of Motor Manufacturers and Traders (SMMT), with growth in electric and hybrid models offset by falls in conventional fuel vehicles.
Eurozone Jan inflation ticks up to 2.4% on energy price spike
Eurozone inflation ticked up to 2. 5% in January as energy prices rose, according to a flash estimate from Eurostat, the European Union's statistical office.
Healthier options drive rise in supermarket sales in January
Supermarket take-home sales rose 4. 3% over the four weeks ended 26 January compared with the same period last year, according to fresh data from Kantar on Monday.
UK manufacturing downturn eases, but sentiment remains "lacklustre"
The decline in UK manufacturing activity eased more than expected in January, though confidence among purchasing managers remained weak as companies grapple with weak demand and rising costs.
Chinese manufacturing growth eases in January - Caixin
Growth in China’s manufacturing sector slowed in January, according to a survey released on Monday.