Italian service sector shrank at weakest pace in 20 months

Source: RTT News
© Scanpix/RS

Italy's service sector economy contracted at the slowest rate in a twenty-month period in April, as the level of new businesses also declined on the month, a report released by the Markit Economics revealed on Monday. According to the report the Markit/ADACI, business activity index advanced from 45.5 in March to 47 in April, the highest level since August 2011.


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Tue, 07 May 2013 06:26:05 GMT

China's stocks drop led by technology and health-care companies

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Tue, 07 May 2013 05:43:05 GMT

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