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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
El índice PMI servicios de la Eurozona cayó a 55,8 puntos en julio desde los 56 puntos marcados el mes anterior. El PMI servicios de Alemania bajó a 56,5 desde los 57,3 de junio. También cedió levemente el índice de Francia, a 61,1 puntos desde los 61,3 anteriores
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Rebote PMI servicios eurozona gana fuerza en julio
ago (Reuters) - La recuperación en el dominante sector servicios de la eurozona ganó velocidad el mes pasado, alejando los temores a una recaída económica gracias al crecimiento en Alemania, que compensó la debilidad en partes del sur de Europa, según mostró un sondeo de Markit el miércoles
El PMI de servicios de la eurozona fue revisado en julio a 55,8 puntos, desde los 55,5 de junio y los 56,0 puntos del dato provisional.
Esto marca el undécimo mes en el que el índice ha superado el nivel de 50 que divide el crecimiento de la contracción, pero las compañías se vieron obligadas a recortar los precios para atraer clientes.
El crecimiento fue impulsado por Alemania, la economía más grande de Europa, en el que las actividades del sector de servicios tuvo el crecimiento más rápido en casi tres años, mientras que el país vecino, Francia, vio una mayor productividad en mayo.
Rompiendo esta tendencia, Italia vio a su sector regresar a la contracción tras siete meses de crecimiento mientras que el crecimiento de España se ralentizó.
"La perspectiva general para la región se mantiene por estos números, sugiriendo que se evitará una doble recesión mientras la economía comienza a sostenerse por sí sola", dijo Chris Williamson de Markit.
El índice compuesto, formado por el de servicios y las cifras del sector manufacturero del lunes [EUR/PMIM] y a menudo usado para predecir el crecimiento global, subió a 56,7 este mes desde 56,0 en junio, en línea con las estimaciones.
"La recuperación de la eurozona ha permanecido bien encaminada al adentrarnos en la segunda mitad del año 2010, con el crecimiento siguiendo la tendencia vista durante el segundo trimestre. El crecimiento del PIB probablemente esté creciendo un 0,7 por ciento trimestral, el mejor de tres años", dijo Williamson.
French Services PMI At Two-Month High In July
(RTTNews) - French service sector activity expanded at a faster pace in July, a final report by Markit Economics showed on Monday.
The purchasing managers index, or PMI, for services increased to a two-month high of 61.1 in July from 60.8 in the previous month. The current sequence of rising service sector output now extends to eleven months. The flash reading for July was 61.3. A reading above 50 indicates expansion, while one below 50 suggests contraction.
The Composite Output Index reached 59.7 in July, up from 59.6 in the previous month. The latest reading was revised from 59.9 reported initially. Manufacturing output rose at the slowest pace for eleven months in July.
Growth in the service sector was mainly influenced by rising levels of incoming new business as economic conditions continued to improve with panellists receiving work from both new and existing clients, Markit said. However, manufacturers showed a declining trend in employment in July, with the pace of job shedding accelerating to the sharpest since September 2009. Input price inflation increased in July albeit at the slowest rate since February.
"Strong growth of services activity continued to drive the French economic recovery in July," Jack Kennedy, an economist at Markit said. "An improving labor market is likely to bolster consumer spending, offering encouragement regarding the sustainability of the upturn in the second half of the year."
Germany's Service Sector Activity Continue To Rise In July
(RTTNews) - Germany's seasonally adjusted services business activity index rose to 56.5 in July from 54.8 in June, a final report from Markit Economics showed Wednesday.
The final reading was lower than the flash figure of 57.3 for July. Economists were expecting the reading to remain unchanged. A PMI reading above 50 indicates expansion of the sector, while a reading below 50 suggests contraction.
The July reading pointed to a rise in service sector output for the twelfth consecutive month. The pace of growth picked up to the sharpest since August 2007, and the latest reading highlighted an acceleration of activity growth for the first time in three months, Markit said. The final Composite Output Index, that covers both manufacturing and services purchasing managers' indexes, or PMIs, was at 59 in July, up from 56.7 in June. The combined output of the manufacturing and service sectors increased at the fastest pace since April.
The latest PMI data for Germany's manufacturing sector had shown that the index rose to a seasonally adjusted 61.2 in July, the highest reading in three months, from 58.4 in the previous month.
Meanwhile, official figures showed that German economy expanded 0.2% in the first quarter as well as in the fourth quarter of 2009 on a sequential basis. In the third quarter of 2009, the gross domestic product grew 0.7%.
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