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JPMorgan Global Services PMI
Zone(s): Global ¦ Sector(s): Economy
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.
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