U.K. service sector expands the most in five months

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Source: RTT News

Service sector in the U.K. accelerated at the fastest pace in a five-month period in February supported with a notable increase of new businesses, the Markit Economics reported on Tuesday, bringing a sign of the country's economic revival. The Chartered Institute of Purchasing & Supply (CIPS) Purchasing Managers' Index for the service sector advanced from January's 51.5 points to 51.8 in February.


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Tue, 05 Mar 2013 14:06:03 GMT

Eurozone service sector activity falls less than expected

Service sector activity in the Eurozone slowed down less than previously estimated in February as the inflow of new orders was not as steep as forecast, while new businesses in services declined at the sharper rate than economists expected, the Markit Economics reported on Tuesday. The services activity index of the 17-nation bloc dropped from 48.6 in January to a

Tue, 05 Mar 2013 17:06:04 GMT

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