5 October 2005, 12:42  Euro zone Sept services sector PMI 54.7

The euro zone services sector gained strength in September, led by good performances in key economies in the region, a closely watched survey showed. The euro zone purchasing managers' index for services rose to 54.7 in September, against expectations of a more modest rise to 53.5, sources said. In August, the index was at 53.4. A reading above 50 indicates that the services sector is expanding, while one below 50 indicates contraction.

© 1999-2024 Forex EuroClub
All rights reserved