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
Retail sales in the euro area increased on a monthly basis, and decreased year-on-year in October
Retail turnover in the euro area increased on a monthly…
Read more >
Emotions are the biggest obstacles to a successful generational change
Generational change is already taking place in more than half…
Read more >
Exposure doesn’t sway consumers to plant-based meat
A new study from Appetite suggests companies must adopt creative…
Read more >
More related news >
Related news
KSH: retail turnover decreased by 6.5 percent compared to the same period of the previous year and decreased by 0.3 percent compared to the previous month
In October 2023, according to both raw and calendar-adjusted data,…
Read more >
MBH: the prospects for the Hungarian food industry continued to improve in the third quarter
This year, after the strengthening experienced in the first half…
Read more >
From April 1, the manual deposit return system can start in small shops that join voluntarily
According to the plans of MOHU MOL Waste Management Zrt.,…
Read more >
