Mazda Production and Sales Results for August 2021

TOKYO, Sep 30, 2021 – (JCN Newswire via – Mazda Motor Corporation’s production and sales results for August 2021 are summarized below. I. Production 1. Domestic ProductionMazda’s domestic production volume in August 2021 decreased 53.7% year on year due to decreased production of passenger and commercial vehicles. [Domestic production of key models in August […]

China factory output, retail sales post weak growth

China’s factory and retail sectors faltered in August with output and sales growth hitting one-year lows as fresh coronavirus outbreaks and supply disruptions threatened the country’s impressive economic recovery. Industrial production rose 5.3 percent in August from a year earlier, narrowing from an increase of 6.4 percent in July and marking the weakest pace since […]

Covid-19 outbreak hits mainland services sector

Activity in China’s services sector slipped into contraction in August, official data showed on Tuesday, as Covid-19 curbs weighed on consumption in the world’s second-largest economy. The official non-manufacturing Purchasing Managers’ Index (PMI) was 47.5 in August versus 53.3 in July, data from the National Bureau of Statistics (NBS) showed. The 50-point mark separates growth […]