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. Last Updated: 07/27/2016

Services Sector Grows for 3rd Month in a Row

The services sector grew for the third month running in October, fueled by a survey-record decline in charges, the VTB Capital Purchasing Managers Index showed on Thursday.

The headline PMI climbed to 54.3 in October — its highest since September 2008 — from 53 in the previous month.

(Reuters)