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.
Eurozone economy slows
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
Another inflation record was set in the euro area in June
The annual inflation rate of the Eurozone rose to a…
Read more >
(HU) BMI: Fennmaradó bővülés júniusban
Sorry, this entry is only available in Hungarian.
Read more >
Unemployment in the euro area has fallen to a record low
Unemployment fell to a record high in the euro area…
Read more >
More related news >
Related news
The domestic melon season has started
The domestic melon season has started, unlike the past few…
Read more >
Customer experience is one of the most important competitive advantages according to a survey
Customer experience (CX) is now one of the most important…
Read more >
The economic barometer of the DIW indicates a gloomy start for the summer in Germany
The June economic report of the economic research institute DIW…
Read more >
