Overview

• China's economic recovery stagnated in November with a decline in manufacturing PMI and services PMI below 2019 average.
• Britain's services sector grew in November after three months of declines, but companies reported an uptick in prices charged.
• German services sector declined in November, although at a slower rate than the previous month.
• Euro zone business activity downturn eased last month but still indicates the bloc's economy will contract again this quarter.
• Russia's services sector grew at its slowest pace in 10 months in November, as new domestic and export business growth eased.
• China's services activity expanded at a quicker pace in November, as the upturn in new businesses were the best seen for three months.
• Ireland's services sector growth quickened for the first time since April as new business increased and exports rebounded.
• Japan's service activity expanded at the slowest pace in a year in November, weighed by an accelerating decline in new exports and softer demand.