WellTax Blog

Eurozone private sector hits ‘speed bump’ in February — PMI

According to a set of closely watched surveys, Eurozone growth in activity declined in February from a near 12-year high.
IHS Markit’s composite purchasing managers’ index declined to 57.1 in February.
The expectations of experts interviewed by Reuters have been disregarded, who forecast the gauge to hold steady from a “quick” reading for February of 57.5. In January, the PMI index clocked in at 58.8.

Article from the ‘Financial Times’, FactSet, Adam Samson


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