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المشهد العربي
US Service Sector Grows at Fastest Pace in Four Months
A report from S&P Global indicated significant growth in the American services sector during June, registering the fastest expansion in four months due to increased new orders and improved business confidence, despite ongoing inflationary pressures and weak employment. The Service Purchasing Managers' Index (PMI) rose to 51.2 points from 50.7 in May, as demand grew following the FIFA World Cup hosting, and the rate of input price growth slowed to its lowest level since February.
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