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)
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 >