Global service sector expansion at near five-year high in February; Cost pressures highest since September 2008
Mar 4th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Business activity in the global service sector increased at the fastest pace in almost five years in February. Growth of new orders also remained elevated and employment rose further. Cost pressures continued to build, as input price inflation hit its highest since September 2008.