Tuesday, June 5, 2007

Global output growth jumps to one-year high -report

(Reuters) - The Global Services index also rose sharply to 58.7 from
from 56.4, driven by a surprise spike in U.S. services sector
growth, which hit a 13-high in May, according to the Institude
for Supply Managment.




The European services sector continued to show healthy
growth, as did Britain. Cost inflation across all industry rose
to a nine-month high, with the Total Input Prices index up to
63.8 in May compared with 63.0 in April.


Read more at Reuters.com Economic News

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