Economic growth in the euro area rose to an 11-month low in January

Euro area PMI falls to 11-month low
Of the euro area purchasing managers’ indices (PMI), the manufacturing index performed better than expected in January, strengthening from the previous month. However, the value of the service industry index and the composite index decreased more than expected compared to December.
Manufacturing PMI rose to a five-month high of 59.0 points in January, up from 58 points in December. Experts expected the indicator to deteriorate to 57.5 points in January. (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
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >