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)
Related news
BMI: Deepening contraction in October
The seasonally adjusted October value of the Purchasing Manager Index…
Read more >In October, the economic performance of the Eurozone decreased slightly
In October, the economic performance of the Eurozone decreased modestly,…
Read more >In the euro area, the rate of increase in consumer prices slowed down in September
In September, the annual inflation rate in the euro zone…
Read more >Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >