In November, economic performance in the euro area declined

By: Trademagazin editor Date: 2020. 11. 24. 11:03
The economic performance of the euro area declined in November after stagnation in October.

According to preliminary data from a survey by the IHS Markit Institute for Economic Research published in London on Monday, the preliminary value of the composite purchasing manager index (PMI) formed by aggregating manufacturing and service industry data in November was the lowest in the past six months; 45.1 points after the final data of October; 50 points.

Economic analysts expected the composite index to be slightly higher than the actual value of 45.8 points in November. (MTI)

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