...some caution is needed in interpreting these improvements, as the stronger performance partly reflected temporary factors...

Prices are “still too high but going in the right direction,” said Susan Spence, chair of the Institute for Supply Management.

"...beneath the survey we see some warning signs about the future growth trajectory."

US manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent, exceeding expectations. Employment in…

Manufacturing has a share of over 17% in GVA. Both the indices are derived from responses collected among purchasing executives of 400 companies

Britain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easing cost pressures boosted activity.…

The S&P Global UK services PMI survey showed a reading of 52.1 for July, up from 48.8 in June.