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U.S. Markit Services PMI Declines to 64.8 in June

The business activity in the US service sector continued to expand at a strong pace in June but lost momentum compared to May with the Markit Services PMI declining to 64.8 from 70.4

70 figure was expected.

The Composite PMI fell to 64.9 in June from 68.7 in May.

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