Euro area private sector growth accelerated more than expected in June
Compared to preliminary data, euro area private sector growth accelerated to a greater extent in June – according to purchasing manager indices.
IHS Markit, a London-based financial and economic data provider, reported on Wednesday that the composite purchasing manager index (BMI) compiled from manufacturing and service industry data increased to 52.2 points in June from the 51.8 points of the previous month. The preliminary data was 52.1 points. (MTI)
Related news
BMI: Slight contraction in June
The seasonally adjusted June value of the Purchasing Manager Index…
Read more >BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index…
Read more >In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >