Growth of global service sector eased to five-month low in July
Aug 5th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Growth of global service sector eased to five-month low in July. At 54.3 in July, the JPMorgan Global Services Business Activity Index signalled that the recovery in the world service sector had extended into a twelfth successive month. Growth of business activity remained broad-based by nation. However, the headline index fell further from its post-recession peak seen in April, to register its lowest reading in five months.