Eurozone service sector growth slowed in February

The final Eurozone Services Business Activity Index fell to 53.3 in February; its lowest level since January 2015, from 53.6 in January.

Key points

The slowdown mainly reflected a weaker rate of improvement in new business received

Job creation at euro area service providers slowed to a four-month low

Business optimism dipped to a three-month low in February

Average output charges declined for the fifth month in a row

The final Eurozone Services Business Activity Index fell to 53.3 in February; its lowest level since January 2015, from 53.6 in January.

(Market News Provided by FXstreet)

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