Economic growth in the euro area slowed moderately in March

Euro area PMI higher than expected
The Euros Composite Purchasing Managers ’Index (PMI) for the IHS Markit Economic Research Institute in London was 54.9 points in March, the lowest in two months. The indicator was higher than the previously expected 54.5 points, but weaker than the final February five-month high of 55.5 points.
A PMI above 50 points indicates an increase in the performance of the industry and a value below 50 points indicates a decrease. (MTI)
Related news
Production recovery, with a nuanced picture – BMI at 50.7 points in July
According to the latest report by the Hungarian Association of…
Read more >Eurozone retail sales fell month-on-month, but rose year-on-year in May
Retail sales in the eurozone and the European Union fell…
Read more >Eurozone economic growth accelerated in June
The eurozone’s economic performance accelerated in June, according to the…
Read more >Related news
Retailers protest against the reduction of deposit return fees
The National Trade Association (OKSZ) was shocked to learn that…
Read more >The European Commission has adopted a recommendation on voluntary sustainability reporting by SMEs
The VSME (Voluntary Sustainability Reporting Standard for non-listed Micro, Small…
Read more >Despite the weakening seen in recent days, the forint can be proud of its performance this year
Since last Friday, the forint has been the worst performer…
Read more >