Growth in the euro area has slowed
The performance of the private sector in the euro area has slowed down in October slightly, but employment has been expanded to a decade high level.
According to the first estimate published on Tuesday by the IHS Markit Market Research Institute, the euro area’s purchasing manager index (PMI) covering the performance of the manufacturing and service sectors, dropped to 55.9 points in October from the 56.7 points in September. Analysts expected 56.5 points. (MTI)
Related news
Inflation moderated in the euro zone and the EU in February
In February, inflation of 2.6 percent, which was lower than…
Read more >In January, industrial production in the Eurozone fell by the largest rate in ten months
Industrial production in the Eurozone and the EU fell more…
Read more >Retail turnover increased in the euro area and the EU
Compared to the previous month, retail sales in the euro…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >