Monday, February 05, 2007

05.02.2007 Activity in services sector achieved six-month maximum in the euro area

PMI services, based on the survey of RBS and NTC Research Eurozone Services, was in the euro area 57.9 points in January, compared with 57.2 points in the preceding month.

The analysts expected the decrease of index, reflecting business activity in services sector, to 56.9 points, but it achieved its six-month maximum in January. Let us remind that the reading above 50 points reflects activity rise, below 50 indicates slowing down.

The index of enmpoyment in the euro area was 54.3 points in January, compared with 53.7 points in the preceding month. The price index rose to 54.0 points from 52.7 points in December. The index of expectations increased to 67.8 points from 65.3 points in the preceding month.

0 Comments:

Post a Comment

<< Home