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Services sector picks up slightly in July

Akin OyedeleJul 28, 2015, 19:15 IST

Flickr/Greg Williams

The services sector picked up slightly in July.

The flash PMI reading of activity in the services sector from Markit Economics came in at 55.2.

Economists had forecast that the index edged up to 55.0 for July from 54.8 in June, according to Bloomberg.

The report noted that new work rose at the fastest pace since April. However, confidence in the business outlook is at its lowest level since June 2012.

More to come ...

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