The latest release of the IHS Markit US Services PMI showed another decline in private sector business activity dur… https://t.co/ZXccUDN2Qa
Week Ahead Economic Preview
US inflation and retail sales will help gauge the future course of Fed policy and whether consumer spending has remained under strain. Other key data highlights include UK wage growth and employment, which could be key to the timing of the first rate hike by the Bank of England in a decade, as well as China's trade and credit data.
Worldwide release of sector PMI surveys will meanwhile provide important clues as to industry trends in June. The latest national PMI surveys have shown the global economy enjoying a solid second quarter, although growth in China has weakened along with several other Asian economies. Detailed sector PMI data for the US, Europe and Asia will add to insights into consumption and investment developments.
Read more in the full download below, which includes a calendar of all main releases.
Bernard Aw, Principal Economist, IHS Markit
Tel: +65 6922 4226
- Global downturn moderates in May as COVID-19 lockdowns ease
- Global manufacturing downturn eases in May, but only China enjoys growth
- Caixin PMI shows signs of improvement in manufacturing conditions
- Week Ahead Economic Preview: Week of 1 June 2020
- Flash PMI surveys show downturns easing in developed economies amid looser lockdowns
- Week Ahead Economic Preview: Week of 25 May 2020
- Flash PMI shows Japan on course for record downturn in second quarter
- Flash Australia PMI signals a further slump in business activity during May
🌍 Global Composite PMI rises to 36.3 in May following April's unprecedented downturn, but figure still points to se… https://t.co/8Qe0hUD1vA
🇿🇦 South Africa PMI sinks to 32.5 in May amid an extension of lockdown measures, with all PMI indices hitting recor… https://t.co/mKDcxdEC7t