Eurozone: Highest Economic Growth in Two Years

People ♦ Published: January 23, 2014; 16:22 ♦ (Vindobona)

The purchase manager index for the private economy increased to 53.2 points up by 1.1 points, as published by Markit research institute on Thursday.

Eurozone: Highest Economic Growth in Two Years / Picture: © Vindobona.org

The figures are based on a survey among 5,000 enterprises. Economists questioned by news agency Reuters expected the purchase manager index to grow only marginally to 52.4 points. Both figures are clearly above 50 points which indicates economic growth. This point to the fact that the Eurozone is becoming a source of hope of the global economy as business in both the industrial and…

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