A concise profile of the goods and services moved across borders
S&P Global surveys have shown UK manufacturing and services have expanded in August while construction has continued to contract. Services PMI has risen to 52.5 and manufacturing sits at 51.7, but the construction PMI fell to 44.3, its 20th consecutive sub-50 reading, driven by a sharp drop in housebuilding and subdued new orders.
China has posted a contraction in retail sales and a sharper drop in urban investment in May, signaling a deepening economic slowdown even as factory output improves.Officials flag a need for technology development and stronger employment support amid a K-shaped recovery.