Reviving economic activity in the euro area, according to the Markit survey
Economic activity picked up significantly more than expected in June in the euro area due to the phasing out of disease control restrictions, according to a survey of procurement managers at the IHS Markit Institute for Economic Research in London.
According to preliminary data from Markit’s June survey, composite PMI, formed by aggregating manufacturing and service industry data, has risen to its highest level since June 2006, at 59.2 points from 57.1 points in May. Analysts expected a less improving rate of 58.8 points. (MTI)
Related news
Sustainability on the shelf: what do shoppers think about packaging and the environment?
This article is available for reading in Trade magazin 2024/11…
Read more >
Comprehensive survey on domestic cheese consumption
The objective of the Milk Interbranch Organisation and Dairy Board…
Read more >
Baby boomers drive growth in healthy ageing skincare market
Interest is also growing in products that support both skin…
Read more >
More related news >
Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >
Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >
Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >
