Keywords: S&P Global


France's services sector remains in contraction as June PMI misses expectations

France's services sector remained in contraction in June, with business activity declining more than initially estimated as weak demand, persistent inflationary pressures and subdued confidence continued to weigh on the country's economy. According to the latest S&P Global survey, the France......

Eurozone services sector shows signs of recovery as inflation pressures ease

The eurozone's services sector remained in contraction in June, but the pace of decline slowed significantly as inflationary pressures eased at a record rate, helping stabilize business activity across the currency bloc. According to the latest S&P Global Purchasing Managers' Index (PMI)......

Italy's services sector returns to growth in June as inflation pressures ease

Italy's services sector returned to growth in June, ending a three-month period of contraction as easing cost pressures and improving business conditions helped lift activity, according to the latest purchasing managers' survey. The S&P Global Italy Services Purchasing Managers' Index......

Germany's services sector shrinks again in June as business conditions show signs of stabilizing

Germany's services sector remained in contraction for a third consecutive month in June, although the pace of decline eased as cost pressures moderated and business activity proved more resilient than initially estimated. The latest HCOB Germany Services Purchasing Managers' Index (PMI), compiled......

Canada manufacturing PMI rises as factory growth persists despite supply chain pressures

Canada's manufacturing sector maintained its growth momentum in June, extending a six-month expansion streak even as supply chain disruptions and higher input costs continued to weigh on producers. According to the latest data from S&P Global, the Canada Manufacturing Purchasing Managers'......

Germany’s private sector contracts at fastest rate in 18 months, PMI signals weak growth

Private sector activity in Germany weakened further in June, reaching its lowest level in 18 months, as a prolonged downturn in the services sector weighed on overall business conditions, according to a new survey. The latest flash Composite Purchasing Managers’ Index (PMI), compiled by S&P......

India’s NSE to launch Platts-based crude futures with S&P Global Energy

India’s National Stock Exchange of India has announced plans to introduce new crude oil futures contracts based on international price benchmarks, in collaboration with S&P Global Energy. The initiative aims to strengthen the country’s commodity derivatives market and improve access for......

War pressures Egypt’s private sector as PMI falls to near two-years low

Egypt’s non-oil private sector showed signs of renewed strain in March, as rising regional tensions and economic pressures weighed heavily on business activity. According to data from S&P Global, the country’s Purchasing Managers’ Index (PMI) declined for the fourth consecutive......

Energy crisis from Iran war could force Big Tech to cut $635 billion in AI spending, S&P Global warns

The largest artificial intelligence infrastructure buildout in history is facing a serious threat. S&P Global warned Monday that the combined $635 billion Microsoft, Amazon, Alphabet, and Meta plan to spend on AI data centers, chips, and related infrastructure in 2026 could be disrupted by persistently......