Markit: still no improvement in the euro zone
After the initial data that was worse than expected, no improvement occured in the euro zone in February.
The activities of the private enterprises are struggling with the decline in demand and expanded with the lowest pace of the past year. The performance of the manufacturing and service industry companies were both lower than the analysts' expectations – the preliminary data of the Purchasing Manager Index (PMI) of the Markit Economics Economic Research company reveals. (MTI)
Related news
Inflation accelerated to 2 percent in the eurozone and 2.3 percent in the EU on an annual basi
Inflation in the euro area and the European Union accelerated…
Read more >Eurozone economic growth accelerated in June
The eurozone’s economic performance accelerated in June, according to the…
Read more >Still on the border: manufacturing growth slowed in May
In May 2025, the seasonally adjusted Purchasing Managers’ Index (PMI)…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >