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Euro zone service sector serves up success

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Euro zone service sector serves up success

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The euro zone’s service sector grew at its fastest rate in nearly three years this month, while the speed of growth in manufacturing slowed.

The service sector was well above the 50.0 mark, which indicates growth to reach 56.0 its highest since August 2007.

The euro zone escaped its worst post-war recession in the third quarter of last year.