Growth in global services accelerates to four-month high in July but order inflows slow
Aug 4th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
July saw the rate of expansion of the global services sector improve to a four-month high. The underlying trend in growth remained fragile, however, as the acceleration partly reflected a marked depletion of outstanding business. Inflows of new orders and employment continued to rise, but at slower rates than in June.