Eurozone services recovery slowed further in June

Jul 5th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Eurozone services recovery slowed further in June and the final Markit Eurozone Services Business Activity Index fell to an eight-month low of 53.7 in June, down from 56.0 in May and below the earlier flash estimate of 54.2. The index has signalled a slowdown in the sector since hitting a three-and-a-half year high in March. Growth of new business also slowed, hitting a seven-month low.

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