In June, the deterioration in performance in the euro area economy continued to moderate
In June, the euro area performed significantly better than expected, and for the second consecutive month the rate of deterioration in the euro area economy moderated, according to the results of a survey conducted by the IHS Markit Economic Research Institute in London on Tuesday.
In June, the preliminary value of the composite purchasing manager index (PMI) aggregating manufacturing and service industry data rose to 47.5 points, a four-month high from the 31.9 points in May.
Economic analysts expected the composite index to be lower than the actual value of 42.4 points by June. (MTI)
Related news
BMI: Slight recovery in November
The Purchasing Managers’ Index (PMI) seasonally adjusted value for November…
Read more >
BMI: Deepening contraction in October
The seasonally adjusted October value of the Purchasing Manager Index…
Read more >
In October, the economic performance of the Eurozone decreased slightly
In October, the economic performance of the Eurozone decreased modestly,…
Read more >
More related news >
Related news
Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >
The GKI business climate index barely changed in December
According to a survey by GKI Economic Research Ltd. –…
Read more >
Festive dishes: bacon kuglóf, bacon cheesecake and New Year’s Eve candied sausage rolls
Often, an unusual ingredient or even the way it is…
Read more >
