Italy's private sector returned to expansion territory in April, with the service sector's renewed new business intake mitigating the impact of a decline in manufacturing orders.
The Italy Composite PMI Output Index stood at 50.5 in April, up from 49.2 in March, S&P Global said Wednesday.
On the services side, the PMI was 49.8, compared with the previous 48.8 and expected 47.9, according to Investing.com data.
The Philippines' value of production index (VaPI) for manufacturing rose 10.5% annually in March, faster than the 4.5% increase in the month prior, data from the Philippine Statistics Authority showed on Wednesday.In March 2025, the index had posted a 0.1% annual increase.Meanwhile, the volume of production index rose 7.8% in March, accelerating from a 3.1% increase in the month prior and reversing the 0.6% decline a year earlier.The country's production index measures real output in the manufacturing sector.The value of the net sales index for manufacturing grew 4.3% year on year in March, faster than the 1.9% annual growth in the preceding month.The volume of net sales index edged up 1.8% year on year in March, versus a 0.5% annual rise in the month prior, the data showed.
The Philippines' unemployment rate eased to 5.0% in March, from 5.1% a month earlier, according to data from the Philippine Statistics Authority released on Wednesday.The latest reading, however, is higher than the 3.9% recorded a year earlier.The number of unemployed persons in March stood at 2.58 million, down from 2.66 million in February but higher than 1.93 million in March 2025, the PSA said.Meanwhile, the country's employment rate was 95% in March, higher than 94.9% in February but below 96.1% a year earlier, the data showed.
Beijing generated 22.4 billion yuan in tourism revenue during the five-day May Day holiday, a 6.6% year-on-year increase, according to the Beijing Municipal Bureau of Culture and Tourism.China's capital city received 18.8 million tourist visits, up 5.1%. Inbound visits rose 22.3% to 128,000, with spending reaching 1.38 billion yuan.Beijing hosted over 2,000 cultural activities, including 1,684 live performance sessions, generating 260 million yuan in box office revenue.