A decrease in the economic performance of the euro area
A less than expected decrease occured in the economic performance of the euro area, but the preliminary data of the Purchasing Managers Index (PMI) is standing in July on its lowest value of the past one and a half years – the survey of the London-based Markit Economics reveals.
According to the survey of the Markit Economics published on Friday, the preliminary value of the
euro area’s manufacturing Purchasing Managers' Index (BMI) became lower than expected and the previous month. The service industry index declined slightly compared to the previous month but better was expected.
The manufacturing PMI was dropped to 51.9 points in July from the 52.8 points of the previous month. Analysts expected 52.0 points. (MTI)
Related news
The European Union’s regulation on artificial intelligence has been announced
Today, the EU Regulation on Artificial Intelligence (“AI Regulation”) was…
Read more >Synthetic compounds in our food? The Association of Conscious Buyers is the domestic partner of an important EU project
ToxFree Life for All is the EU’s newly launched awareness…
Read more >A complaint was filed against Chinese honey in the EU
With the professional support of the Ministry of Agriculture (AM),…
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 >