UK service sector contracts in June

Source: Investing.com
© Reuters
The final Markit services Purchasing Managers' Index for the United Kingdom dropped to 52.3 in the sixth month of the year, following the 53.5 reading seen in May, according to fresh figures released on Tuesday. In the meantime, market analysts expected to see a decline to 52.8 points in June.
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Tue, 05 Jul 2016 11:51:23 GMT

Euro zone retail sales pick up in May

Fresh figures from Eurostat showed that Euro zone retail sales grew 0.4% on a seasonally adjusted month-over-month basis in May, meeting analysts' expectations and surpassing the 0.0% growth rate seen in the previous month. On an annual seasonally adjusted basis, retail sales rose 1.6% compared to April's 1.4%, whereas analysts anticipated an increase to 1.7%.

Tue, 05 Jul 2016 12:02:12 GMT

Euro zone composite PMI grows at steady pace

The final Markit services Purchasing Managers' Index for the Euro zone rose to 52.8 from the preliminary reading of 52.4, following the previous month's 53.3. Meanwhile, the final Eurozone composite PMI increased to 53.1, surpassing the preliminary reading of 52.8 but falling behind the 53.1 seen last month.

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