Global Economic News

Eurozone Service Sector Growth At 3-month High; Retail Sales Rebound

Eurozone's services sector grew at the fastest pace in three months in February, amid a broad recovery in activity across the member countries due to improved demand and employment gains, while retail sales rebounded at the start of the year driven by a jump in sales over the internet and mail orders.

The IHS Markit Eurozone Purchasing Managers' Index climbed to a three-month high of 52.8 from 51.2 in January, survey data from IHS Markit showed on Tuesday. The flash reading was 52.3.

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by RTTNews Staff Writer

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