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ECONOMICS COMMENTARY Oct 09, 2013

Global Consumer Services PMI: Q3 marks best activity trend in four-year series history

The global consumer services sector gained momentum in the third quarter, according to Markit Global Sector PMI data. Among eight major groups covered by the series, consumer services registered the joint-fastest activity growth in Q3 (on a par with financials), which was also the strongest in the four-year series history. This represented a turnaround from one year earlier, when the sector was contracting.

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