Sponsored Content
Eurozone: Strongest Growth Rates in Two Years
Politics ♦
Published: August 22, 2013; 12:44 ♦ (Vindobona)
The Eurozone continues to recover. Businesses in industrial production and in the service sector increased to a new high in more than two years. However, growth in both sectors is still not enough for the creation of new jobs.
Eurozone: Strongest Growth Rates in Two Years / Picture: © Vindobona.org
The private sector’s Purchasing Managers' Index (PMI) increased by 1.2 to 51.7 points, according Markit institute, which carried out a survey among more than 4,000 enterprises. Economists had only estimated a value of 50.9 points.
The economic barometer exceeded the value of 50 points, which signals growth, for the second consecutive month. Before, there were 17 months of…
or Log In
Fast News Search