World Business News

A round up of the latest news for those doing business internationally

JPMorgan Global Services PMI

Zone(s): Global ¦ Sector(s): Economy
[5 June 2014, Markit Economics] On 5 June, Markit Economics published the latestJ.P.Morgan Global Services PMI™. It showed that growth of global service sector gathers pace.

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 Markit 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.

Read the full release at: