World Business News

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J.P.Morgan Global Services PMI™

Zone(s): Global ¦ Sector(s): Economy
[4 June 2014, Markit Economics] On 5 June, Markit Economics published the latestJ.P.Morgan Global Services PMI™.

The rate of expansion in global service sector business activity registered a solid bounce during May. This was highlighted by the J.P. Morgan Global services Business Activity Index – a composite index produced by J.P.Morgan and market in association with ISM and IFPSM – rising to an eight – month peak of 54.6 and one of its highest levels during the past four years.

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