News Formal

Euro zone business activity grows at fastest pace in almost a year, PMI shows

  • 📰 malaymail
  • ⏱ Reading Time:
  • 18 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 86%

Euro Zone News

European Union EU,Purchasing Managers Index

LONDON, May 6 — Euro zone business activity expanded at its fastest pace in almost a year last month as a resurgence in the bloc’s dominant services industry more than...

If salary increase for civil servants is feasible, why would one suggest the budget for it might not be passed? — Hafiz Hassan

HCOB’s composite Purchasing Managers’ Index for the currency union, compiled by S&P Global and seen as a good gauge of overall economic health, bounced to 51.7 in April from March’s 50.3, surpassing a preliminary 51.4 estimate. The services PMI leapt to 53.3 from 51.5, above the flash estimate of 52.9 and its highest reading since last May.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines