The economic growth of the euro area economy has slowed

The economic growth of the euro area has slowed in February to four-month lows.

The IHS Markit economics research institute in London announced that the aggregate purchasing manager index (PMI) dropped to 57.1 points in February from the 58.8 points of January, which was a 12-year peak.

The index indicates an unbroken expansion for 56 months.

The sub-index of the service industry, dropped to 56.2 points from the 58 points of January. (MTI)