The latest release of the IHS Markit US Services PMI showed another decline in private sector business activity during May as the COVID-19 crisis continued. The rate of contraction remained sharp, despite easing from April. Read more: Link https://t.co/F0CuQPyjOX
IHS Markit PMI™ Wed 03 Jun 2020 15:53

? Global Composite PMI rises to 36.3 in May following April's unprecedented downturn, but figure still points to severe decline in world economy as countries begin post-COVID recoveries. Read more: Link https://t.co/5iBZGKuVcl
IHS Markit PMI™ Wed 03 Jun 2020 15:48

?? South Africa PMI sinks to 32.5 in May amid an extension of lockdown measures, with all PMI indices hitting record lows for the survey. Read more: Link https://t.co/i3TZBSUcqi
IHS Markit PMI™ Wed 03 Jun 2020 09:08

?? UK services sector remains in contraction territory in May, despite the Business Activity Index rising to 29.0 (from 13.4 in April). Ongoing restrictions led to a slump in new work amid cutbacks to business and consumer spending. Read more: Link https://t.co/p1IHXrlVnj
IHS Markit PMI™ Wed 03 Jun 2020 08:38

Eurozone PMI signals a further considerable impact on the eurozone economy from COVID-19 lockdowns in May. #PMI up to 31.9 (from 13.6 in April) indicating the impact was less severe as some countries relaxed measures. Read more: Link https://t.co/y9r9nU3FwB
IHS Markit PMI™ Wed 03 Jun 2020 08:13

?? Germany Services PMI matches the trend across Europe, with the Business Activity Index rising to 32.6 in May (April - 16.2) but still nowhere near the 50.0 growth threshold. Job losses mount in service sector as new business fell further. Read more: Link https://t.co/j8Ozo8J3KD
IHS Markit PMI™ Wed 03 Jun 2020 08:03

?? French Services Business Activity Index ?? to 31.1 in May as firms saw softer but still considerable falls in activity and sales amid the lockdown and rising uncertainty in the economy. Read more: Link https://t.co/HzdL5KUbKN
IHS Markit PMI™ Wed 03 Jun 2020 07:58

?? Italy Services #PMI also rises considerably in May to 28.9 (April - 10.8), yet still points to a steep contraction in the services economy as new business levels decline. Read more: Link https://t.co/9v5fjuQsre
IHS Markit PMI™ Wed 03 Jun 2020 07:53

?? Spain Services PMI makes some headway into April's losses, with the Business Activity Index ?? to 27.9 in May (from 7.1). Further economic restrictions meant the fall in activity remained severe, alongside additional job losses. Read more: Link https://t.co/vTiS3sKdm9
IHS Markit PMI™ Wed 03 Jun 2020 07:48

#PMI data showed a severe decline in #India's services activity in May amid #COVID-19 restrictions. Job shedding persisted into the month while confidence remained weak. Read more: Link https://t.co/2QgXM8HI4e
IHS Markit PMI™ Wed 03 Jun 2020 05:23

IHS Markit #Singapore #PMI dropped from 28.1 in April to 27.1 in May, signalling a new record deterioration in business conditions. With business activity falling, firms continued to reduce employment and purchasing activity sharply. Link https://t.co/QTJd1XcJRX
IHS Markit PMI™ Wed 03 Jun 2020 02:28

#HongKong private economy remained mired in a downturn during May, though the #PMI survey showed signs that the economic decline is bottoming out as parts of the economy reopened. Notably, reduction in sales to mainland China slowed to weakest for a year. Link https://t.co/BgT9sFaUPx
IHS Markit PMI™ Wed 03 Jun 2020 02:28

#Japan services activity fell substantially further in May, according to latest #PMI data. Demand for Japanese services continued to weaken sharply, though at a slower pace than in April. Read more Link https://t.co/MEQJK6zuv3
IHS Markit PMI™ Wed 03 Jun 2020 02:23

#PMI data showed business activity across #Australia's service sector falling substantially in May as ongoing #COVID-19 measures continued to hit demand. But declines in both activity and new orders slowed as some restrictions were relaxed. Read more Link https://t.co/1ZAHGXcQOa
IHS Markit PMI™ Wed 03 Jun 2020 02:23

Caixin #China #PMI data signalled the first increase in services activity for four months in May amid an easing of #COVID-19 measures. Both business activity and new orders expanded at the quickest rates since late 2010. Read more: Link https://t.co/f72qkwPBhv
IHS Markit PMI™ Wed 03 Jun 2020 02:18

Global manufacturing output fell for a fourth successive months in May, according to #PMI. While further easing of lockdown measures should help producers globally, weak demand hints that recoveries could be frustratingly subdued in months ahead. Read more Link https://t.co/Xe2P1h1vI3
IHS Markit PMI™ Tue 02 Jun 2020 09:22

#Indonesia saw a further collapse of manufacturing activity in May, according to latest #PMI data. Output and sales continued to fall at severe rates, pushing manufacturers to cut jobs, purchases and inventories. Read more: Link https://t.co/gys2wATul6
IHS Markit PMI™ Tue 02 Jun 2020 07:37

#ASEAN manufacturing downturn continued during May, according to latest #PMI data. Further rapid declines in output and new orders were recorded, as job shedding persisted owing to rising spare capacity. Read more: Link https://t.co/6LNxvYIvMR
IHS Markit PMI™ Tue 02 Jun 2020 07:37

The Dutch manufacturing sector remained mired in a #COVID-19 induced downturn in May. The headline #PMI fell to 40.5 (April: 41.3) and was the lowest for eleven years. Output and new orders declined markedly, while job cuts continued. Read more: Link https://t.co/E7QfohdPbw
IHS Markit PMI™ Tue 02 Jun 2020 07:17

The global manufacturing downturn remained substantial during May, with the J.P.Morgan Global Manufacturing #PMI at 42.4 (April: 39.6). Output and new orders declined sharply again, with international trade flows also falling steeply. Read more: Link https://t.co/nP0jsYgsq7
IHS Markit PMI™ Mon 01 Jun 2020 15:16

May's IHS Markit US Manufacturing PMI revealed another downturn in business conditions for the sector. Production continued to fall sharply amid a further reduction in demand. Read more: Link https://t.co/olQ3DwJAz4
IHS Markit PMI™ Mon 01 Jun 2020 13:56

The IHS Markit Brazil Manufacturing PMI pointed to another sharp deterioration in business conditions during May. Anecdotal evidence suggested that measures to stem the spread of coronavirus continued to have a severe impact on the sector. Read more: Link https://t.co/x4wYHP4yAK
IHS Markit PMI™ Mon 01 Jun 2020 13:21

?? UK Manufacturing #PMI rises to 40.7 in May (April: 32.6) to signal a further sharp downturn, but the pace of contraction eases from April's record. Output, new orders and employment all fell sharply again amid #COVID-19 restrictions. Read more: Link https://t.co/dcI0JrUAXM
IHS Markit PMI™ Mon 01 Jun 2020 08:46

Eurozone Manufacturing #PMI ?? to 39.4 in May (April: 33.4) but still well below the 50.0 growth threshold as manufacturers were again disrupted by COVID-19 economic restrictions. Job losses mount as firms remain pessimistic about the future. Read more: Link https://t.co/IggJQcZ9d1
IHS Markit PMI™ Mon 01 Jun 2020 08:11

?? German manufacturers saw further steep drops in output and new orders in May (#PMI at 36.6, up from 34.5), leading to the fastest reduction in staff levels for 11 years. Output expectations remain widely negative. Read more: Link https://t.co/GcrKj4ii8d
IHS Markit PMI™ Mon 01 Jun 2020 08:06