Economic growth in the euro area slowed in June
Growth in the euro area’s economic performance slowed more than expected in June, according to the preliminary value of the Purchasing Managers’ Index of the London-based IHS Markit economic research institute released in Thursday.
The non-final value of manufacturing PMI in June fell to a 22-month low of 52 points, weaker than the 54.6 points in May and worse than the expected 53.9 points.
The PMI in the service sector fell to 52.8 points, a five-month low from the 56.1 points in May. Experts expected a less deteriorating indicator of 55.5 points. (MTI)
Related news
Sentix: Eurozone investor confidence index improved significantly in May
The Sentix eurozone investor confidence index for May improved more…
Read more >Eurozone inflation rose slightly in April
Eurozone inflation in April was higher than expected and unchanged…
Read more >Eurozone GDP growth faster than expected in the first quarter
Eurozone gross domestic product (GDP) grew more than expected in…
Read more >
More related news >
Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >The Hungarian Food Bank Association is organizing a record-sized food collection on Friday and Saturday
At the Friday and Saturday fundraiser organized by the Hungarian…
Read more >Ice cream ferry and battle of Balaton flavors – the Balaton Fagyija election is coming
On May 9th, not only will the ferry between Tihany…
Read more >