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Author Topic: Eurozone Manufacturing PMI expanded for eight consecutive months in Feb.  (Read 742 times)

Benoit

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Eurozone Manufacturing PMI expanded for eight consecutive months in Feb.

IHS Marquit, a financial information services company, has revealed that the Eurozone Final Manufacturing Purchasing Managers (PMI) Index. It rose to 57.9 in February, the highest in three years from 54.8 in January.

PMI is still above 50, indicating that Eurozone manufacturing sector continued to expand. Which has been expanding for 8 consecutive months

The PMI index was driven by a rebound in new orders. Employment rose for the first time in nearly two years as the confidence of the business sector hit record levels. From the forecast that progress in the COVID-19 vaccination In general, it will help control the epidemic. And support the economy to recover

In addition, the Eurozone Manufacturing PMI Index. Positive factors from the strong manufacturing sector of Germany, the Netherlands and Italy.

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