Live Updates

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Aug 2025
In July, UK service sector activity rose slightly, yet new business and employment declined sharply

UK service activity rose slightly in July, but new work and employment declined amid rising payroll costs.

5

Aug 2025
A 15% tariff rate will apply to vehicles, parts, and pharmaceuticals, pending US investigation results

EU announces 15% tariff excluding steel, aluminium; awaits U.S. response on non-binding trade framework.

5

Aug 2025
In July, eurozone services PMI showed minor growth, but France’s economy suffered deeper contraction than others

Eurozone business activity slightly improves; Spain and Italy lead gains, while France sees continued service decline.

5

Aug 2025
Germany’s services sector shows modest growth, easing inflation pressures and renewed optimism despite fragility

Germany’s services PMI rose slightly in July, signaling fragile recovery amid easing inflation and sluggish employment.

5

Aug 2025
French services activity declined, reflecting weak demand and worsening business expectations, affecting employment and prices

French services sector declined in July amid weak demand, staffing issues, political uncertainty, and rising costs.

5

Aug 2025
Services PMI in Italy rose to 52.3, while business activity continued but job growth slowed

Italy’s services sector grew modestly in July; domestic demand buoyed activity despite weak exports and cautious outlook.

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