Eurozone business activity suffers surprise drop

Read Time:33 Second

21 February, 15:40

 

(ANSAmed) – ROME, FEBRUARY 21 – Hopes that the eurozone might be on the road to recovery suffered a setback on Thursday when the area’s purchasing managers’ index (PMI), based on surveys of business activity, suffered a surprise drop.

The preliminary euro-zone PMI for services and manufacturing for February fell to a two-month low of 47.3, compared to 48.6 in January.     Some economists had hoped the index might go up.     A reading of less than 50 signals a contraction in business activity.(ANSAmed).

 

http://www.ansamed.info/ansamed/en/news/sections/economics/2013/02/21/Eurozone-business-activity-suffers-surprise-drop_8287024.html



Categories: Health Technology News

Tags: , , , , , , ,

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%
%d bloggers like this: