The private sector of the euro area grew slightly in October
As a result of weaker demand, the euro area private sector grew slightly less than expected in October – according to preliminary Purchasing Manager Indexes of the London-based IHS Markit financial and economic reporting group, released on Thursday.
The euro area Manufacturing Purchasing Manager Index stagnated at 45.7 points, while analysts expected an improvement of 46.0 points. In October, for the ninth consecutive month, the index was below the 50-point threshold that separates performance from decline. (MTI)
Related news
Eurozone inflation rises to six-month high in January
Eurozone inflation rose to a six-month high of 2.5 percent…
Read more >January Purchasing Managers’ Index shows slight decline
According to a recent report by the Hungarian Logistics, Purchasing…
Read more >Inflation in the euro area accelerated slightly in January
Inflation accelerated in January, instead of the expected stagnation, and…
Read more >Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >