EMU: PMI Services returns to expansion in August

FXstreet.com (Barcelona) - Eurozone PMI Services expanded in August, growing to 50.7 points, from 49.8 points in July, according to data released today by Markit. Analysts expected slightly more increase to 51 points.

Composite PMI grew a notch to 51.5 points in August, from 50.5 points the previous month and slightly below forecasts of a rise to 51.7 points.