UK shoppers turned up the heat on their spending in August, energized by a burst of warm weather that ignited a fresh wave of consumer excitement, according to a British Retail Consortium (BRC) survey. This boost highlights the powerful influence weather has on retail demand, Reuters reports
China’s export growth in August hit its slowest pace in six months, falling short of analyst predictions. This decline highlights ongoing struggles with global demand amid economic uncertainties, intensifying pressure on the world’s second-largest economy
Germany’s services sector faced a surprising setback in August, slipping into contraction and signaling a rare stumble amid mounting economic uncertainty. According to Bloomberg, this downturn may be a warning sign of tougher times ahead for Europe’s largest economy
Spain’s services PMI dipped from 55.1 in July to 53.2 in August, signaling a cooling in the sector’s rapid expansion. Yet, with the index firmly above the 50-point mark, steady growth remains on track
Japan’s service sector growth eased in August, according to the latest Purchasing Managers’ Index (PMI) from Reuters, spotlighting rising challenges from global economic uncertainties and domestic obstacles
German manufacturing showed unexpected strength in August, with the PMI indicating a softer decline than many had predicted. This encouraging data fuels cautious optimism amid ongoing economic challenges, Reuters reports
Spain’s Purchasing Managers’ Index (PMI) soared in August, driven by a strong surge in demand for manufactured goods. This impressive upswing signals rising business confidence and a promising future for the country’s industrial sector
South Korean President Lee is gearing up for a landmark visit to Japan in late August, paving the way for vital discussions aimed at deepening bilateral ties and boosting regional security. This trip marks a significant step toward mending decades-old rifts between the two nations
