The index of the eurozone services sector PMI fell to a record minimum
January 6, 2009 – 10:27 pmPMI index of non-euro sector fell in December to a record minimum at 42.1 points compared with 42.5 points in November, said on Tuesday research company Markit.
Analysts had expected This figure is expected in December, will be 42,0.
index below 50 means a reduction in the services sector, 50 – his recovery ..
“This value for the euro zone PMI showed 0.6-percent decline in GDP in the IV quarter – indicates Markit chief economist Chris Williamson. – Although Spain and Italy are visible signs of improvement in the weak, the decline in Germany and France to accelerate “.
According to official figures, the GDP of the euro area declined in the II and III quarters of last year to 0.2% compared with the previous quarter.
You must be logged in to post a comment.