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Eurozone service sector growth slowed in February

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The final Eurozone Services Business Activity Index fell to 53.3 in February; its lowest level since January 2015, from 53.6 in January.

    Key points

    The slowdown mainly reflected a weaker rate of improvement in new business received

    Job creation at euro area service providers slowed to a four-month low

    Business optimism dipped to a three-month low in February

    Average output charges declined for the fifth month in a row
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