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BERLIN - Business activity in Germany's services sector picked up pace at the start of the second quarter, supported by growth in new orders, a survey showed on Monday.
Not only did activity expand at the quickest rate in ten months but there were also recoveries in new and outstanding business as well as employment, de la Rubia noted. "We interpret this pricing power as a further indication of the overall healthiness of the service sector," de la Rubia said.
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