Spain's service sector expands for second successive month

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Source: RTT News
Spanish service industry accelerated in December rising at the fastest pace since July 2007 led by improved business activity and new orders, a data unveiled by Markit Economics revealed on Monday. According to the report, Span's Business Activity Index added from November's 51.5 points to a level of 54.2 in December, the second consecutive reading above 50.

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Mon, 06 Jan 2014 11:41:04 GMT

Italy's service industry falls at slower pace in December

Business activity in Italy's private sector declined in December falling for the second successive month, however the rate of drop was lower than in the previous month, the latest report revealed by Markit Economics and ADACI showed on Monday. The Italian service sector purchasing managers' index recorded 47.9 in December after falling to 47.2 in the prior month.

Mon, 06 Jan 2014 11:19:03 GMT

U.K. shares fluctuate before service sector data

Shares in the United Kingdom were little changed on Monday with the local benchmark index recording its first weekly drop in a three-week period before an industry report showed that the U.K. service sector accelerated last month. The London's FTSE 100 advanced 7.59 points to 6,738.26 by 8:40 a.m. London time with three stocks rising for every two falling.

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