One-and-a-half-year low in the euro area PMI
Growth in the euro area’s economic performance slowed more significantly than expected in May, according to the preliminary value of the Purchasing Managers’ Index of the IHS Markit Economic Research Institute released on Tuesday.
Manufacturing PMI in May fell to an 18-month low of 54.4 points, weaker than 55.5 points in April and worse than expected at 54.9 points.
The PMI in the service sector fell to 56.3 points, a two-month low from 57.7 points in April. Experts expected a less deteriorating indicator of 57.5 points. (MTI)
Tags: BMI, euróövezet
Related news
Consumer sentiment in the euro area improved to a more than two-year high in April
Consumer sentiment in the eurozone improved somewhat less than expected,…
Read more >The annual growth rate of food, alcoholic beverages and tobacco prices slowed to 2.6 percent in March in the eurozone
In accordance with the preliminary estimate, the annual inflation in…
Read more >Retail sales decreased in the euro area and the EU in February
Retail turnover in the euro area and the EU decreased…
Read more >
More related news >
Related news
What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel…
Read more >Special foods ranking: 1. Diabetic, 2. Low-carb, 3. Lactose-free
Different special diets and foods are frequently discussed, and it…
Read more >Community in the community
The recent MasterWorks business workshop of Hungarian Product Nonprofit Kft.…
Read more >