The euro area PMI has grown

The September value of the composite purchasing manager index in the euro area indicates sustainable economic growth – the London-based IHS Markit Economics Research Institute revealed on Wednesday.

The final value of the Composite Purchasing Manager Index (BMI), which includes industry data and manufacturing data, reached its four-month peak and became 56.7 points, equivalent to the preliminary value.

The value of PMI above 50 points indicates the growth of the performance of the investigated sector, and below 50 points indicates shrinkage. (MTI)