Saturday September 19, 2020

Service sector returns to growth, says survey

The latest NCB Services Purchasing Managers' Index rose to 53.3 in February, marking a return to growth for the sector.

5th March, 2012

The latest NCB Services Purchasing Managers' Index rose to 53.3 in February, marking a return to growth for the sector.

A figure above 50 signals growth and the February result is up on the 48.3 recorded in January.

“Solid optimism was recorded during the month, with positivity at its highest since February 2011. The level of sentiment was only just below the survey average,” NCB said.

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