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Monday, February 20, 2017

Services

US services sector

Activity in US services sector slows in October

Activity in US services sector slows in October. The Purchasing Managers’ Index orders (PMI) outside production decreased to 54.8 points in October from 57.1 points in September, staying over the key border already for 81 consecutive months. However, the index remained below the economists forecast for level of 56.0 points. The decline in the index

Chinese services growth

Chinese services growth slowed in September

Chinese services growth slowed in September, despite the higher procurement confidence in industry. The Purchase Managers Index (PMI) in services decreased from 52.1 points in August to 52.0 points in September. However, the index remains above 50 points, which signals the continued expansion. Because of the significant increase in orders companies for the first of

eurozone economy

Eurozone economy is losing momentum in August

Eurozone economy is losing momentum in August 2016, as the indicator for growth in the private sector fell to its lowest level since early 2015. The Purchase Managers Index (PMI) in manufacturing and service sectors fell to 52.9 from 53.2 points in July, below the earlier forecast of 53.3 points. The decline is largely due

UK services sector activity

UK services sector activity accelerated in August 2016

UK services sector activity accelerated to a record pace in August 2016, increasing evidence of economic recovery after the shock of the country’s decision to leave the European Union. The Purchase Managers’ Index (PMI) of Markit jumped to 52.9 points from a seven-year low of 47.4 points in July, which is the largest monthly increase