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…

or Log In

Fast News Search
Related News
Nowotny Sees Growth Potential in Eurozone and CEE (January 14, 2014)
Eurozone: Further Capital Injections at Banks Expected (January 9, 2014)
RBI Expects Growth to Accelerate in 2014 (January 9, 2014)
CEE: Economic Sentiment Cautiously Optimistic (January 2, 2014)
„Such Growth Rates Will not Return“ (December 30, 2013)
Read More
ECB European Central Bank, Mario Draghi, Leaders, Economic Growth, Surveys, Eurozone, Exports, Imports, IMF International Monetary Fund, Consumption, Industrial Production, Service Industry
Featured
See latest Vindobona Newsletter