News Formal

UK business activity slowdown eases, according to data | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

LONDON, June 23 — Britain’s private sector economic activity shrank in June but the pace of decline slowed significantly from May as the country eased its coronavirus lockdown, a closely watched survey  showed today. The composite purchasing managers’ index (PMI) hit a four-month peak at...

People queue outside of an Aldi store, as the spread of the coronavirus disease continues in London March 19, 2020. — Reuters pic

The composite purchasing managers’ index hit a four-month peak at 47.6 points in June from 30 in May, compilers IHS Markit and the Chartered Institute of Procurement and Supply said in a statement.Markit added that the manufacturing PMI stood at 50.1 points in June to register marginal expansion. He cautioned however that longer term recovery prospects remain “highly uncertain” with weak demand, despite rising confidence and easing restrictions.

“Many Covid-19 restrictions and social distancing measures will also need to stay in place until an effective treatment or vaccine is available.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Non-business taxpayers reminded to submit tax return forms by June 30 | Malay MailKUALA LUMPUR, June 22 — Non-business taxpayers are reminded to submit their Income Tax Return Forms (BNCP) for the assessment year of 2019 by June 30. The Inland Revenue Board (IRB) in a statement today said the BNCP filing programme for 2020 can be reached at this link for Malay language and...
Source: malaymail - 🏆 1. / 86 Read more »