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Published On: Wednesday, August 4, 2021 | By: Team KnowMyStock
Consumer services was the worst-affected segment, noting the quicker declines in new orders and output out of the four categories for which contractions were recorded. Transport & storage was the only sub-sector which registered growth of business activity and sales.
In line with sustained falls in new work, there was a further reduction in service sector jobs during July. Employment contracted for the eighth consecutive month, albeit at amoderate pace that was slower than that seen in June.
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