Trademagazin > News and articles > Market News > Economic growth in the euro area accelerated in February
Economic growth in the euro area accelerated in February
Economic growth in the euro area accelerated significantly more than expected, according to the preliminary value of the Purchasing Managers’ Index from the IHS Markit Economic Research Institute in London on Monday.
Of the euro area purchasing managers’ indices (PMI), the manufacturing index was slightly weaker than expected in February, while the value of the services index and the composite index improved more than expected compared with January.
Manufacturing PMI fell to a two-month low of 58.4 points in February, down from 58.7 points in January. (MTI)
Related news
Retail sales increased in the euro area and the European Union in May
Retail sales in the euro area and the European Union…
Read more >BMI: Slight contraction in June
The seasonally adjusted June value of the Purchasing Manager Index…
Read more >BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index…
Read more >
More related news >
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 >