Euro zone’s service industry momentum declined

According to Markit Economics; Euro zone’s service sector decreased moderately in January, compared to December, but the final datas are better than expected.

The value of the service industry purchasing manager index was 53.7 points in January, after the 54.2 points of December. Moreover, the December data was a 26-month peak. The preliminary data for January, was 53.6 points.
Meanwhile, euro-zone’s composite purchasing manager index decreased to 53.7 points in January, compared to the 54.2 points of December – reports ProfitLine.hu.