BREAKING NEWS

BREAKING NEWS

Euro zone services sector growth slows

Now Reading:

Euro zone services sector growth slows

Text size Aa Aa

The recovery of the euro zone’s dominant service sector slowed in June.

A survey of purchasing managers at 2,000 companies suggested private sector expansion may have already peaked in the second quarter of the year.

A reduction in new orders – particularly in the region’s top economy Germany – could point to a future slowdown of growth.

Britain’s services sector expanded at its slowest rate for 10 months in June.