Global - 5/5/2025

Asia Pacific

• Australia - 5/4/2025
• Singapore (Composite only) – 5/6/2025
• Hong Kong (Composite only) – 5/6/2025
• Japan – 5/6/2025
• China – 5/6/2025
• India – 5/6/2025
• Russia – 5/7/2025
• Kazakhstan – 5/6/2025

Africa & Middle East

• Nigeria (Composite only) - 5/2/2025
• Qatar (Composite only) - 5/5/2025
• Kuwait (Composite only) - 5/5/2025
• Egypt (Composite only) - 5/6/2025
• UAE (Composite only) - 5/5/2025
• Uganda (Composite only) – 5/6/2025
• South Africa (Composite only) – 5/6/2025
• Lebanon (Composite only) – 5/6/2025
• Ghana (Composite only) – 5/6/2025
• Zambia (Composite only) – 5/6/2025
• Saudi Arabia (Composite only) – 5/5/2025
• Mozambique (Composite only) – 5/6/2025
• Kenya (Composite only) – 5/6/2025

Europe

• Ireland – 5/6/2025
• Spain – 5/6/2025
• Italy – 5/6/2025
• France – 5/6/2025
• Germany – 5/6/2025
• Eurozone – 5/6/2025
• UK – 5/6/2025

North & South America

• Brazil - 5/5/2025
• Canada - 5/5/2025
• US - 5/5/2025

Key Results

Saudi Arabia

Saudi Arabia’s non-oil private sector expansion drops to the weakest since August 2024, down -2.5 pts to 55.6 in April. Despite the drop, growth was still occurring at a strong pace.

China

China’s service sector activity fell to the slowest expansion in 7-months as the PMI fell -1.2 pts to 50.7 in April. Notably, business confidence fell to the 2nd-lowest on record, and new order growth was the lowest in 28 months.

Eurozone

The service sector in the euro area moved back to stagnation as the PMI dropped -0.9 pts to 50.1 in April. New orders contracted for the third straight month, and the level of positive sentiment dropped to the lowest in almost 2.5 years.

UK

The UK S&P Services PMI fell -3.5 pts to 49.0 in April, the lowest since January 2023.

• New orders contracted for the third time in four months as US tariffs impacted activity.
• New export orders declined at the sharpest rate since February 2021.
• Input cost inflation was the highest since July 2023 as 43% of businesses reported an increase.
• Total private sector growth turned negative for the first time in 1.5 years as the Composite PMI fell -3.0 pts to 48.5.