- CNTV English - CCTV News

Global private sector growth up slightly in July

08-04-2011 14:25 BJT

Watch Video

Play Video

A business survey shows global private sector growth accelerated slightly in July. The reason for the increase is faster expansion in the service sector offset weaker factory growth.

JP Morgan's Global All-Industry Output index nudged to a four-month high of 52.6 in July. The figure was at 52.3 in June. The index is based on the results of surveying purchasing managers worldwide. It remains above the 50 mark that divides growth from contraction for two years.

The pace of growth in the U.S. services sector fell unexpectedly in July to the lowest level since February last year. Earlier data also showed growth in the euro zone's dominant service sector eased to its weakest rate in nearly two years.

Editor:Li Wanran |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program