Eurozone services sector expanding - PMI
The eurozone services sector expanded at its fastest rate in almost three years in October, hinting at recovery in the European economy
The Purchasing Managers' Index (PMI) for the sector rose to 56.0 in October from 53.6 in September.
Any reading over 50 signifies growth.
The index is based on a survey of 2,000 executives across the 12 countries that share the euro .
The October reading was the strongest since December 2000.
The figure follows an improved reading for the manufacturing PMI earlier this week.
It rose to 51.3 from 50.1 in September, the second month in a row the index has registered a plus 50 reading.
