Growth in UK services sector boosts economy hopes

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Growth in UK services sector boosts economy hopes

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11-05-2009, 02:39 AM

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Growth in UK services sector boosts economy hopes

The Chartered Institute of Purchasing & Supply’s Purchasing Managers’ Index has posted a reading of 56.9 on services activity in October, up from 55.3 in September.The reading of 56.9 was the highest since August 2007 and beat analysts expectations of 55.5.Furthermore, October’s reading represented the sixth consecutive month the sector has shown an increase above [...]

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