PwC, the world's leading professional services network, reported record total gross revenues for the fiscal year ended June 30, 2012 of $31.5 billion. At constant exchange rates, PwC's total global revenues rose by 8 percent.
PwC firms reported strong revenue increases of 13 percent in both North America and South America. This sustained growth follows a similarly strong performance last year and consolidates PwC's market position in the region.
Revenue growth in developing markets of the Middle East and Africa was also strong—up 15 percent—reflecting the commitment and increased investment in the region by the PwC network. PwC firms in Asia grew 8 percent, while Europe grew 4 percent in Western Europe and 8 percent in Central and Eastern Europe, both higher growth rates year on year.
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