services sector News

December Sees Steady Growth in Australia's Private Sector Amid Economic Optimism

Australia's private sector showed marginal growth in December with a PMI of 50.2, indicating stability. The services sector grew slightly, but employment saw a cautious reduction. ...

Small Businesses Boost Employment and Units by Over 10% in Post-Pandemic Recovery

Small businesses in India have added over one crore jobs and seen a 13% increase in units, driven by the services sector's robust recovery from the pandemic, according to a recent ...

UK's GDP Stagnates in Q3: Key Factors and Sectoral Performance

The UK's GDP remained flat in Q3 2024, revised from an initial 0.1% growth. The services sector showed no growth, while construction rose 0.7% and production fell 0.4%. Compared to...

German Private Sector Shows Signs of Recovery in December

Germany's private sector activity showed a slight improvement in December, with the services sector reaching a two-month high and the manufacturing sector facing challenges. This c...

Japan's Private Sector Shows Signs of Recovery in December

Japan's private sector showed signs of recovery in December with services sector activity expanding and manufacturing sector struggling to grow. The composite PMI rose, indicating ...

UK Economy Faces a Minor Setback: 0.1% GDP Decline in October

The UK's GDP fell by 0.1% in October, with no growth in the services sector, a 0.6% decline in production output, and a 0.4% drop in construction output. Despite this, the economy ...