German service sector expands for 11th straight month

Note: This section contains information in English only.
Source: RTT News
Service sector in the Europe's largest economy accelerated in April rising for the eleventh successive month, however the pace of growth was slightly lower than initially projected, a data revealed by the Markit Economics showed on Tuesday. According to the report, the German purchasing managers' index for services jumped from March's 53 points to 54.7 in the following month.

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