Brazilian service sector activity grew in March, PMI index rises o 52.7

Apr 03, 2019 18:41 pm UTC| Commentary

The Brazilian service sectors heath picture appears to be mixed, according to the March PMI data. The IHS Markit Brazil Services Business Activity Index rose to 52.7 from 52.2 in the prior month, indicating towards a...

National Bank of Poland keeps policy rate on hold, outlook of economic conditions remains favourable

Apr 03, 2019 18:10 pm UTC| Commentary Central Banks

The National Bank of Polands Council decided to keep the interest rates on hold today. The reference rate, Lombard rate, deposit rate and rediscount rate was kept unchanged at 1.50 percent, 2.50 percent, 0.50 percent and...

Euro area retail sales rise in February, household consumption likely grew at faster rate in Q1

Apr 03, 2019 17:28 pm UTC| Commentary

Retail sales in the euro area rose for the second straight month in February. Todays data implied that consumers continued to underpin economic growth in the first quarter of the year. Sales rose by a...

Singaporean manufacturing and electronics PMI indices rebound modestly in March

Apr 03, 2019 17:08 pm UTC| Commentary

Singaporean manufacturing and electronics PMI indices rebound modestly in March; however, electronics PMI index remains in contractionary territory. The manufacturing PMI index rose 0.4 points to 50.8, whereas the...

U.K. services sector activity weakens sharply in March, PMI index falls to 48.7

Apr 03, 2019 16:40 pm UTC| Commentary

The U.K. services PMI disappointed greatly in the month of March, falling in the contraction territory. The IHS Markit services PMI index fell to 48.7 from Februarys 51.3 level. Expectations were generally centred on a...

Euro area’s service sector activity continues to grow firmly in March, PMI index rises to 53.3

Apr 03, 2019 14:30 pm UTC| Commentary

Euro areas services sector activity continues to grow strongly in March. The IHS Markit Services Business Activity Index rose further above the 50 no-change mark, reaching a level of 53.3, from 52.8 in February. The latest...

Turkish headline consumer price inflation accelerates in March

Apr 03, 2019 13:56 pm UTC| Commentary

Turkish consumer price index rises in March. On a sequential basis, the headline inflation rose 1.03 percent, whereas it rose 19.71 percent on a year-on-year basis. On the 12-months moving averages basis, it rose by 18.70...