The US service sector fell for the second month in a row in May

The American Institute of Supply Management said that the services purchasing managers' index in the United States fell to 55.9 points in May from 57.1 points in April, and the new orders index rose to 57.6 points in May from 54.6 points in April.

The employment index rose to 50.2 points in May compared to 49.5 points in April, while the supplier delivery index fell to 61.3 points in May from 65.1 points in April, and the scale of prices paid by services for inputs fell to 82.1 points in May compared to 84.6 points in April. The data showed that the services PMI in the euro area fell to 56.1 points in May from 57.7 points in April, and the composite PMI fell to 54.8 points in May from 55.8 points in April.