India's service sector contracts for 5th consecutive month in November

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Source: RTT News
Business activity in India's service sector recorded a decline in November contracting for the fifth successive month, the latest data unveiled by the Markit Economics and HSBC showed on Wednesday. According to the report, the service sector business activity index jumped from 47.1 in October to 47.2 in the following month staying below a level of 50.

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Wed, 04 Dec 2013 10:13:09 GMT

UAE non-oil private sector grows at record pace in November

Business activity of non-oil private sector in the United Arab Emirates accelerates at the fastest rate all-time in November amid the steepest increase in new orders and new export business, a survey published by the Markit Economics revealed on Wednesday. The UAE purchasing managers' index grew to 58.1 from October's level of 56.3.

Wed, 04 Dec 2013 09:51:05 GMT

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Service industry activity in Ireland accelerated in the month of November, however, the pace of growth was slower than initially expected despite the largest increase in new orders, the Investec and Markit Economics showed in a report on Wednesday. Irish service sector purchasing managers' index fell from 60.1 in October to 57.1 in the following month.

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